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Phuzumoya Strategic Oil Reserve

Sector: Oil and Gas • Location: Eswatini

Source: The Mail & Guardian

Project
Planned

Eswatini has signed a $300 million agreement with Taiwan to build the Phuzumoya Strategic Oil Reserve, an 80 million litre fuel reserve split evenly between petrol and diesel. The project aims to enhance national energy security and is expected to be built over 36 months, creating up to 800 jobs during construction.

Status
Prospective
Sector
Oil and Gas, Government
Location
Eswatini
Updated
22 Jul 2026
Source
The Mail & Guardian

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Project Information

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The project “Phuzumoya Strategic Oil Reserve” is an infrastructure initiative in the Oil and Gas sector, located in Eswatini. Taiyo aggregates data on it from The Mail & Guardian.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Eswatini has signed a $300 million agreement with Taiwan to build the Phuzumoya Strategic Oil Reserve, an 80 million litre fuel reserve split evenly between petrol and diesel. The project aims to enhance national energy security and is expected to be built over 36 months, creating up to 800 jobs during construction.

Original sector

Energy

Budget

Location

Country

Eswatini

Source

Source

The Mail & Guardian

URL

More Details

Record type

Project

Sector

Oil and Gas, Government

Article published date

2026-05-29

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