Botswana is hosting members of the Southern African Customs Union (SACU), including South Africa, Namibia, Eswatini, and Lesotho, for the second interstate oil committee meeting under the theme, “Ensuring Regional Fuel Supply Security.” The gathering focuses on collaborative strategies to address fuel supply challenges and safeguard economic growth in the region.
In his opening address, Permanent Secretary to the Ministry of Minerals and Energy, Mr. Pelaelo Khowe, emphasized the need for sustainable and effective fuel supply mechanisms. He highlighted the ongoing challenges faced by SACU countries in maintaining consistent petroleum availability, particularly as global trade fluctuations continue to affect petroleum prices.
Mr. Khowe noted that Botswana is actively exploring the development of biofuels and potential joint procurement with other SACU members for international markets. These initiatives aim to diversify supply sources and enhance regional energy security.
A major component of Botswana’s strategy is the national oil storage programme, implemented through the Ministry of Minerals and Energy. Botswana Oil Limited is advancing strategic infrastructure projects to increase storage capacity and ensure a 100-day fuel cover. Key projects include the expansion of the Francistown Depot from 13 million litres to 98 million litres, which is currently 88% complete and scheduled for commissioning in June 2026. The Ghanzi Petroleum Depot, with a capacity of 13 million litres, is 49% complete and expected to be operational by August 2026. The Ghanzi project will also strengthen trade with Namibia by providing an alternative fuel supply route.
These infrastructure upgrades are designed to improve the reliability of petroleum availability in Botswana and support regional energy resilience.
In addition, Mr. Khowe informed delegates about the review of the Botswana Petroleum Pricing Slate, completed in September 2025 by the Botswana Energy Regulatory Authority (BERA). The revised pricing framework ensures fairness for suppliers, retailers, and consumers while maintaining market stability.
The meeting underscores Botswana’s commitment to regional collaboration and innovation in the energy sector. By strengthening fuel supply security, SACU member states aim to mitigate economic risks posed by global market volatility and enhance sustainable growth across the region.
