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.
How many oil refineries does myande supply?
Worldwide, Myande has supplied more than 500 oilseed crushing lines and more than 150 cooking oil refinery lines, including 30 cooking oil refinery production lines with capacity above 800t/d and 20 oil refinery production lines with capacity above 1,000t/d.
What is the Cabinda refinery?
The Cabinda refinery is a joint venture between the UK-based asset management company Gemcorp and Angola’s national oil company, Sonangol. It’s hoped that it will deliver around 10% of Angola’s domestic demand for refined oil products, such as diesel and jet fuel, with plans to increase the capacity in further phases.
Does Angola have crude oil?
Angola has crude oil but is not processing it, Jooste told DW. "The whole idea [of the new refinery] is to make Angola less dependent on importing refined products." Angola, Africa’s second-biggest crude oil producer, pumps out some 1.1 million barrels of oil a day.