Livingstone, Zambia - President Rupiah Banda has announced the appointment of seven members of the Petroleum Committee to be responsible for formulating policies relating to exploration, development and production of petroleum in Zambia.
Mr. Banda has appointed four Cabinet Ministers as members of the committee in line with the provisions of the Petroleum (Exploration and Production) ACT of 2008.
He said the committee will also approve the oil and gas exploration, production and award licenses to would be investors among other function.
Among the people appointed are Mines and Minerals Development Minister, Maxwell Mwale as the Chairperson while Minister of Energy and Water Development takes vice position.
Other are Finance Minister Dr. Situmbeko Musokotwane, Commerce Minister Mr. Felix Mutati, Bank of Zambia Governor Dr. Caleb Fundanga, Energy Expert Mr. Andrew Kamanga and Engen Director Mr. Guy Phiri.
This is according to the statement made available to Flavafm by his Spokesperson, Dickson Jere.
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