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(Bloomberg) — Madagascar expects the arrival of a shipment of diesel to be used by the state power company, ending a quarter-century hold on oil product imports by a group of private companies.
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The Sunda 1, a tanker traveling from China, will this week dock in the Malagasy port of Toamasina, Energy Minister Radonirina Lucas Rabearimanga said in a speech at the facility. Jirama, the state-owned utility, will use the diesel to run power plants.
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The arrival of the ship brings to an end an arrangement in place since the turn of the century where a group of companies including TotalEnergies SE ran tenders and had sole rights to import fuel. The government has passed legislation to take over that function.
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“This procurement, carried out by the Malagasy government, will enable Jirama to ensure a stable and sustainable electricity supply for several months,” Rabearimanga said. It’s arrival is “bringing an end to the monopoly that previously existed,” he said.
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Severe power outages contributed to Madagascar’s deadly civil unrest in October that led to a coup.
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Another tanker, ordered by the companies and carrying other products, will also arrive this week, Rabearimanga said.
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Talks will be held at the Galana storage facility, owned by Rubis Energie SAS, in Toamasina to arrange for the storage and distribution of the two cargoes, he said.
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