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Petrol

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ZAMBIA PETROL AND DIESEL KEY FIGURES

Liberalisation Since Key Reform Pipeline Price Impact
2022 TAZAMA Open Access Framework TAZAMA General reduction in diesel prices

Government has, since 2022, facilitated private sector participation in fuel procurement, and this year implemented the TAZAMA Open Access Framework, which has liberalised the petroleum transportation system and allowed Oil Marketing Companies to transport diesel through the TAZAMA pipeline.

The reform has contributed to a general reduction in diesel prices and improved transparency and efficiency in fuel procurement, even as merchandise imports, including petroleum, rose 31.1% to USD 3.3 billion in the fourth quarter of 2024.

Pipeline Liberalisation

In the petroleum sub-sector, Government has since 2022 been facilitating private sector participation in fuel procurement[1]. This year, Government implemented the TAZAMA Open Access Framework, which has liberalised the petroleum transportation system and improved transparency and efficiency, and Oil Marketing Companies are now able to transport diesel through the TAZAMA pipeline[1]. This has contributed to a general reduction in diesel prices[1].

Merchandise imports rose 31.1% to USD 3.3 billion in the fourth quarter of 2024, from USD 2.5 billion a year earlier, largely on higher petroleum imports[2].

Investment Opportunities

The opening of TAZAMA pipeline access to Oil Marketing Companies, rather than a single operator, marks a direct entry point for private fuel logistics and distribution businesses into a petroleum transport market Government has explicitly liberalised since 2022, detailed further on the dedicated Energy page[1].

Last Update: September 2026

References

  1. Ministry of Finance and National Planning, 2026 Budget Speech
  2. Bank of Zambia, Direction of Trade Report, Fourth Quarter 2024