WELCOME REMARKS BY THE PETROLEUM FUND’S CHIEF EXECUTIVE OFFICER, MR. THATO MOHASOA, ON THE OCCASION OF THE INTRODUCTION OF THE MOBILE FILLING STATIONS IN LESOTHO – THURSDAY, 17TH NOVEMBER 2022, AT MASERU AVANI HOTEL.

Good morning everyone who is attending this event – both physically and through online platforms.  We are delighted that you could join us at this Stakeholders Forum, to share thoughts about one of the most exciting business prospects that the Fund intends to introduce in the country – Mobile Filling Stations.  I am grateful to […]

THE ANNOUNCEMENT OF THE PETROLEUM INDUSTRY NUL ESSAY AWARDS 2022 WINNERS

Post a call by the Petroleum Fund for 3rd and 4th year students of the National University of Lesotho (NUL) to submit essays for Petroleum Industry Essay Awards 2022, the following students made it to the top 3 respectively: Bokang Maruping, Thato Mapesela, ‘Mathai Ramahlele. Congratulations to the Winners. Petroleum Fund Staff Celebrates with the Winners of […]

WELCOME REMARKS BY THE CHIEF EXECUTIVE OFFICER OF THE PETROLEUM FUND ON THE OCCASION OF THE MULTI-SECTORAL HYBRID WEBINAR, AVANI MASERU, 19TH AUGUST 2022

In particular, I wish to express our gratitude to our panellists for taking the time off their busy schedules, and apply their minds on the topic: The Petroleum Fund at the Helm of Enhancing the Business Sector: Can We Harness the Petroleum Fund as a Resource or Partner in Economic Emancipation? We cannot wait to hear your authoritative views on this subject!

PETROLEUM FUND’S FUTURE PRAGMATIC APPROACH TO ENSURING SECURITY OF SUPPLY OF PETROLEUM PRODUCTS IN LESOTHO by Thato Mohasoa

The Lesotho Energy Policy (2015-2025) seeks to provide a strategic direction that the country should follow in the energy sector, noting the pivotal role that energy plays in driving socio-economic development of Lesotho.  In particular to petroleum products, this policy provides mandate to address, among other things, issues around importation, storage, distribution, investment and consumption. […]

PETROLEUM FUND STRATEGIC PLAN 2020 – 2025 LAUNCH MASERU AVANI, 19th MARCH, 2020

The Petroleum Fund today announced its new Strategic Plan, which will guide its work over the next five years. The new plan presents itself as an ambitious commitment and radical attempt by the Fund to make impactful interventions within the petroleum sector, amidst a myriad of supply constraints in the oil market. It is based […]

The Petroleum Fund Concludes Its Skills Audit Exercise And Restructures

THE PETROLEUM FUND CONCLUDES ITS SKILLS AUDIT EXERCISE AND RESTRUCTURES Given the indispensable role that the Fund plays in the petroleum industry, the Fund found it imperative that its employees, systems, and procedures were up to date in order to keep abreast with the emerging and evolving industry challenges, as well as to have the […]