Botswana Oil Limited and Oman’s state-owned OQ Trading are collaborating on plans to develop a 100 million litre coastal fuel storage facility in Namibia as part of efforts to strengthen regional fuel supply security and energy infrastructure.
Botswana Oil, the national oil company operating under Botswana’s Ministry of Minerals and Energy, signed a Memorandum of Understanding with OQ Trading in November 2025 to explore strategic cooperation in energy infrastructure development, petroleum product supply and trading.
Botswana Oil Chief Executive Officer Meshack Tshekedi said the companies are working towards jointly developing the storage facility to support fuel imports and improve supply reliability.
“We are looking at approximately 100 million litres of storage capacity, which will facilitate the importation of fuel from the Middle East and Europe and enhance our self-sufficiency in terms of supply,” Tshekedi told The Projects Magazine on the sidelines of the Mining Indaba in Cape Town.
He added that the collaboration also includes plans to develop the Tshele Hill storage facility, which is expected to have a capacity of 187 million litres.
“We are in advanced discussions to finalise the financing and management structures for these collaborations so that these projects can take off,” he said.
According to Botswana Oil, the partnership forms part of broader infrastructure initiatives aimed at improving national energy security and fuel sufficiency.
The company is also expanding the Francistown fuel depot, which will add an additional 60 million litres of storage capacity and is nearing completion ahead of its official launch. In addition, the Ghanzi storage facility is currently under construction and is expected to be completed by the end of the year.
