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King launches phuzamoya oil reserve project

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King Mswati III launches the 3D model of the Phuzamoya oil reserve project
King Mswati III launches the 3D model of the Phuzamoya oil reserve project
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King Mswati III has unveiled a 3D model of Eswatini’s upcoming Strategic Oil Reserve Facility, marking a major step in the country’s push for energy independence and economic advancement.

The announcement took place at Lozitha, where the monarch revealed the project’s model to government officials, development partners, and representatives from the energy sector. The facility is planned for construction in Phuzamoya by the Eswatini National Petroleum Company (ENPC), with technical collaboration from partners in Taiwan.

The project is designed to enhance Eswatini’s fuel storage capacity, securing the country’s supply against global disruptions. Officials say the reserve will also support industrial growth by ensuring consistent fuel availability for key sectors.

Built to international standards, the future oil reserve is also expected to serve as a hub for innovation and skills development in the energy industry. Government sources describe it as a forward-looking investment aimed at strengthening the country’s long-term energy resilience.

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Written by
Adekunle Owolabi

Adekunle Owolabi is a journalist, political analyst, and digital strategist with experience across Africa and the Middle East. He focuses on international diplomacy, promotes digital inclusion, and advocates for a borderless Africa.

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