Zambia invites tenders for 2-year oil supply deal
LUSAKA (Reuters) - Zambia has invited tenders for the supply of 1.4 million tonnes of oil for a period of two years starting this year, the Zambia public procurement agency said on Thursday.
The 1.4 million tonnes of petroleum feedstock should be in cargo lots of 60,000 to 120,000 tonnes and delivered at evenly spread intervals, the agency said in a statement.
The oil should be configured to Zambia's 24,000 barrels-per-day Indeni refinery, which does not process pure crude oil.
"Bidders should note that they will be expected to supply the first cargo by July 2012 in Dar-es-Salaam," it said.
Zambia, Africa's top copper producer, imports all its petroleum requirements, mainly from the Middle East, through the port of Dar-es-Salaam in Tanzania.
The procurement agency will hold a pre-bidding meeting for all interested suppliers in Lusaka on February 29, it said.
Zambia previously contracted global trader Glencore to supply feedstock under a two-year contract from March 2010.