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ZAMBIA needs to move to electric cars and also discover domestic sources of fuel in order to solve the foreign exchange rate problems that push up cost of fuel, Economic Association Zambia President Lubinda Haabazoka has said.

Dr Haabazoka said coal liquefaction was a process of converting coal into liquid hydrocarbons, liquid fuels and petrochemicals, a process which Zambia could examine.

He said this in a statement.

Dr Haabazoka said South Africa developed its own indirect coal liquefaction (ICL) in the 1950s.

“The South African Coal, Oil and Gas Corporation (Sasol) was founded in 1950 as part of industrialization process that the South African government considered essential for continued economic development and autonomy.

He explained that South Africa had no domestic oil reserves and this made the country vulnerable to disruption of supplies coming from outside, albeit for different reasons at different times.

“Coal liquefaction originally was developed at the beginning of the 20th century. The best known CTL process is Fischer–Tropsch synthesis (FT), named after the inventors Franz Fischer and Hans Tropsch from the Kaiser Wilhelm Institute in the 1920s,” he explained.

Dr Haabazoka said Zambia needed the academia to team up with the Energy Ministry, ZCCM-IH and other funders to come up with a domestic programme.

And Dr Haabazoka said there was need to wait for expert’s confirmation on the discovery of oil in Gwembe.

“We need to wait for expert confirmation otherwise too many rumours in Zambia. What is true is that in southern province we have a lot of coal and coal is crude oil in solid form,” he said.

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