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.
How many barrels of oil will Angola Refinery Process a day?
When fully operationalized, the refinery is expected to process 200,000 billion barrels, equivalent to 32,000 cubic meters (32,000,000 L) of crude oil on a daily basis. The oil infrastructure facility is under development by Sonangol, the national oil company of Angola.
What’s happening at Luanda refinery in Angola?
Angola has inaugurated an extension unit on the Luanda refinery, which quadruples the production of petroleum products at the plant. It Is the first of three ongoing refinery projects in the country. Italian major ENI led the revamp for Sonangol, the Angolan state hydrocarbon company.] {_: (*H
Could a new refinery change Angola’s oil industry?
Angola is rich in crude oil but has to import the fuel it needs. A new refinery could change that. Wearing a hard hat, safety glasses and high-visibility vest, project manager Martin Jooste gives a tour of the rain-sodden construction site that he oversees in the tiny Angolan exclave of Cabinda.
When will Angola’s new 60,000 barrel a day refinery start producing maiden products?
Our Standards: The Thomson Reuters Trust Principles. The first phase of Angola’s new 60,000 barrel a day Cabinda refinery is seen producing its maiden products mid-2024, as the Ukraine war and global increase in refining projects hits costs and procurement, the plant’s chief executive said on Tuesday.
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.