UAE oil giant eyes Zim, fuel deals heat up the game

Abu Dhabi National Oil Company Trading wants to pump more investment into Zimbabwe by bringing fuel and gas at competitive rates. The UAE firm's CEO, Ahmad Bin Thalith, met with President Mnangagwa and said they're already supplying diesel and gasoline under a contract that kicked off months ago. The company is the world's 12th-biggest oil producer and cranks out over 4 million barrels daily.

Thalith mentioned they're not just about petroleum products, and other UAE companies are eyeing investment opportunities across Zimbabwe. The move backs up Harare's push to attract foreign business and strengthen ties with the Emirates. Zimbabwe wants to beef up its energy infrastructure and expand the Beira-Feruka pipeline to cut down on road transport for fuel.
 

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