The use of Liquefied Petroleum Gas (LPG) has increased fiftyfold in the past five years, an official has said.
National Oil Infrastructure Company of Zimbabwe (NOIC) Board Chairperson, Daniel Mckenzie attributed the exponential rise in LP gas consumption to a deliberate policy thrust to improve supply chains of the commodity. <a href="https://zbcnews.co.zw/2023/07/30/lpg-energy-consumption-increases-50-fold-since-2017/">Said Mckenzie:</a>
<blockquote>
In 2017, the national LPG consumption stood at just 1 million kilograms, but this has increased to 50 million kilograms to date and this is attributable to a deliberate policy thrust to improve supply chains of the commodity including building capacity of infrastructure…
The Parastatal has plans to build more storage facilities in anticipation of further increased demand rises in the upcoming year.
This is in line with our strategic thrust to safeguard the country’s energy supply as the economy is expected to grow.
</blockquote>
Increased LPG usage in Zimbabwe is also attributable to load shedding which has become part of daily life for Zimbabweans.
Due to unscheduled power cuts, most households especially in urban areas have resorted to the use of LPG for cooking and heating.
While diesel and petrol are now readily available at fuel service stations, the products are being sold exclusively in foreign currency.
More: <a href="https://www.pindula.co.zw/">Pindula News</a>

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Zimbabwe's LP Gas Consumption Increased 50-fold Since 2017 - NOIC

The Zimbabwe government has reportedly approached the United Arab Emirates (U.A.E.) in hopes of selling a 25% stake in the <a href="https://www.pindula.co.zw/National_Oil_Infrastructure_Company_of_Zimbabwe" rel="noopener noreferrer" target="_blank">National Oil Infrastructure Company of Zimbabwe (NOIC</a>).
According to Bloomberg, NOIC owns storage depots at the port of Beira in neighbouring Mozambique as well as five locations in Zimbabwe, gas stations and the pipeline that brings oil products from Beira to Mutare for companies including <a href="https://www.pindula.co.zw/Puma_Energy" rel="noopener noreferrer" target="_blank">Puma Energy BV</a>, in eastern Zimbabwe.
The economy is in a free-fall following targeted sanctions by the United States States of America (USA) and “all-weather friend”, China’s nonchalance.
Jee-A van der Linde, an economic analyst at NKC African Economics in Paarl, South Africa said Zimbabwe desperately needs investment.
<blockquote>They need investment desperately. It’s been snowballing. I don’t know where it’s going to end up. I don’t know how that would be appealing for the U.A.E.</blockquote>
President Emmerson Mnangagwa last year visited Russia, Kazakhstan and Belarus, selling his “<a href="https://www.pindula.co.zw/Zimbabwe_is_Open_for_Business" rel="noopener noreferrer" target="_blank">Zimbabwe is Open for Business</a>” mantra.
Belarus has expressed interest in Zimbabwe’s agriculture sector and exported hundreds of second-hand buses that are now plying the streets of Harare.
Meanwhile, the USA has hardened its stance towards Harare and demanded comprehensive political and economic reforms while the Chinese foreign minister’s visit in January ended with only pledges of further infrastructural projects being carried out by China with no mention of a financial bailout.
<h4>More: <a href="https://www.bnnbloomberg.ca/shunned-by-the-west-and-china-zimbabwe-turns-to-u-a-e-1.1380065" rel="noopener noreferrer" target="_blank">Bloomberg</a></h4>

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