Rwanda’s first government-backed fuel shipment under its import arrangement through Tanzania has arrived at the Port of Tanga, marking the beginning of a procurement strategy aimed at strengthening the country’s energy security.
The vessel, carrying 40,000 metric tonnes of petroleum products, is the first consignment to arrive under an agreement between the Rwanda National Energy Company (RNEC) and Gulf Bulk Petroleum Tanzania Limited.Under the agreement, Tanga was established as a strategic fuel import corridor alongside the country’s existing supply routes in a bid to reduce its vulnerability to global supply disruptions.
The Permanent Secretary in the Ministry of Trade and Industry, Chantal Tuyishimire, confirmed that the implementation process has already begun, with oil marketing companies placing orders while banks facilitate the required letters of credit.
“The vessel is now in Tanga. We already have 40,000 metric tonnes already on the ground. Usually what happens when it comes is that the oil marketing companies make orders through letters of credit issued by banks,” she said.
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