Botswana Oil Limited (BOL) is mandated:
- To ensure the security and efficiency of the supply and distribution of petroleum products such as diesel, petrol and paraffin in Botswana.
- To manage Government owned strategic fuel reserve facilities including strategic stocks. BOL manages depots developed by the Government as well as stock that has been sourced on behalf of the Government. Construction of the facilities is carried out by Government and then they are handed over to BOL for management.
- To be the Government of Botswana’s transformational agent in the oil and gas industry
- To facilitate citizen participation in the petroleum sector. To achieve this, BOL works with Citizen Owned Oil Companies (COOCs) which are active in the petroleum sector to ensure that they meaningfully contribute to the industry. This could be through COOCs sourcing product from or selling product to Botswana Oil Limited. BOL also leases fuel storage space to COOCs, trains, coaches and mentors them on the industry.
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