Reuters logo
PTA Bank finances $109mln Zambia crude oil imports
July 30, 2008 / 2:34 PM / in 9 years

PTA Bank finances $109mln Zambia crude oil imports

LUSAKA, July 30 (Reuters) - The Pan-African PTA Bank has paid $109 million to finance the purchase of 90,000 tonnes of crude oil by Zambia following delays to agree a long-term deal with other financiers, a government official said on Wednesday.

Oscar Kalumiana, the acting energy and water development permanent secretary, also said Zambia plans a month-long closure of its sole Indeni Oil Refinery for routine maintenance in September.

(Reporting By Shapi Shacinda)

Lusaka newsroom +260-977843609/260-955779523

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below