Angolan President Joao Lourenco inaugurated an extension unit on the Luanda refinery, which aims to increase the production of crude oil products fourfold, especially petrol. An agreement with the Italian company ENI was also signed to improve the production and marketing processes.
Does Angola have a refining capacity?
Status: In August last year, the Ministry of Mineral Resources and Petroleum launched an international public tender for the construction of a privately-owned oil refinery in Soyo. With current production meeting less than one-third of domestic oil consumption, Angola’s refining capacity remains severely underserved.
What’s happening at Sonangol refinery in Luanda?
A general view of the refinery at the state oil company, Sonangol, in Luanda, on June 7, 2022. – Angolan President Joao Lourenco inaugurated an extension unit on the Luanda refinery, which aims to increase the production of crude oil products fourfold, especially petrol.
Can Angola fill 90% of the refinery’s jobs?
The head of Gemcorp’s operations in Luanda, Marcus Weyll, is confident that 90% of the refinery’s jobs can be filled by Angolan workers. The first phase will create 1,300 direct and indirect jobs, according to Gemcorp, which has set up a training center for this purpose.