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- Operations
- Energy Storage and Distribution Project
Energy Storage and Distribution Project
Sao Tome & Principe
| Borrower | Sao Tome & Principe |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Energy |
| Approved | 24.02.1984 |
| Signed | 24.08.1984 |
| Status | Cancelled |
| Loan Administrator | BADEA |
| Executing Agency | Ministry of Industry, Construction and Housing |
| Co-financiers | BADEA, Government |
| OPEC Fund Contribution (US$m) | 0.82 |
| Total Project Cost (US$m) | 5.10 |
The project, the main objective of which is to provide greater storage capacity for imported diesel fuel, fuel oil, jet fuel and gasoline, consists of the following components: a) Extension of Port Neves storage facilities; b) Establishment of storage facilities on Principe; c) Establishment and expansion of distribution facilities; and, d) Technical Assistance, particularly with respect to the procurement of petroleum products, as well as management capabilities.