{"id":31902,"date":"2022-09-20T20:16:19","date_gmt":"2022-09-20T20:16:19","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3"},"modified":"2022-09-20T20:35:54","modified_gmt":"2022-09-20T20:35:54","slug":"petroleum-importers-limited-secures-13-million-for-fuel-importation-3","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3","title":{"rendered":"Petroleum Importers Limited secures $13 million for fuel importation"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>General Manager for Petroleum Importers Limited (PIL) Martin Msimuko says the company has secured $13 million from local commercial banks for the importation of fuel.<\/p>\n

Msimuko said this in an interview with Malawi24 that the money has helped them to order the first chunk of eight million litres of fuel which has already started arriving in the country.<\/p>\n

However, Msimuko said that the company still needs $9 million for the importation of fuel. Recently Msimuko told Malawi24 that the country has adequate fuel storage capacity but the only limited factor is inadequate forex that makes it difficult to import the fuel.<\/p>\n

Over the past two weeks, Malawi has been experience fuel shortages and President Lazarus Chakwera last week admitted that this is due to a shortage of forex. He said his administration had already secured US$28 million from local banks and was in the pursuit of another US$50 million dollars in order to resolve the forex problems.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. General Manager for Petroleum Importers Limited (PIL) Martin Msimuko says the company has secured $13 million from local commercial banks for the importation of fuel. Msimuko said this in an interview with Malawi24 that the money has helped them to order the first chunk of eight million litres of fuel which has […]<\/p>\n","protected":false},"author":84,"featured_media":31901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,371,307,308,234,3037],"class_list":["post-31902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-malawi","tag-economy","tag-fuel","tag-malawi","tag-petroleum-importers-limited"],"yoast_head":"\nPetroleum Importers Limited secures $13 million for fuel importation - Malawi<\/title>\n<meta name=\"description\" content=\"General Manager for Petroleum Importers Limited (PIL) Martin Msimuko says the company has secured $13 million from local ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Petroleum Importers Limited secures $13 million for fuel importation\" \/>\n<meta property=\"og:description\" content=\"General Manager for Petroleum Importers Limited (PIL) Martin Msimuko says the company has secured $13 million from local ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-20T20:16:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-20T20:35:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/09\/postQueueImg_3-632a241067f57.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Petroleum Importers Limited secures $13 million for fuel importation\",\"datePublished\":\"2022-09-20T20:16:19+00:00\",\"dateModified\":\"2022-09-20T20:35:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3\"},\"wordCount\":175,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/09\/postQueueImg_3-632a241067f57.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"economy\",\"Fuel\",\"Malawi\",\"Petroleum Importers Limited\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/petroleum-importers-limited-secures-13-million-for-fuel-importation-3\",\"name\":\"Petroleum Importers Limited secures $13 million for fuel importation - 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