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TotalEnergies Wins Namibia Bulk Fuel Supply Contract Through January 2027

TotalEnergies Wins Namibia Bulk Fuel Supply Contract Through January 2027

Namibia has selected a TotalEnergies-led consortium to supply the country’s bulk diesel and petrol requirements over a three-month period spanning November to January, Energy Minister Modestus Amutse announced on Monday (21).

The southern African nation had signalled in early September that it would not renew its exclusive fuel supply agreement with global commodities trader Vitol, after previously extending that arrangement through October.

The new contract covers the supply of approximately 345 million litres of fuel, the majority of which is diesel.

The winning bid offered an average discount of 63.85 cents per litre, generating savings of approximately US$13.5 million, said Amutse, who serves as Minister of Mines, Energy and Industry.

The principal fuel suppliers operating in Namibia are state oil company Namcor, TotalEnergies, Vitol-backed Vivo Energy, Trafigura’s Puma, and recent market entrant Nasan Energies.

“The Ministry will continue to use open competition to procure the country’s fuel needs on the best possible terms, without ever compromising security of supply,” Amutse said in a pre-recorded video statement.

TotalEnergies is separately engaged in negotiations with the Namibian government over fiscal stability terms ahead of a final investment decision on its offshore Venus project, as the country targets its first oil production by 2030.

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Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/2026/09/22/mundo/africa/namibia-totalenergies-ganha-contrato-de-fornecimento-de-combustiveis-ate-janeiro-de-2027/

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