Angola’s refinery plans face challenges
Issue 404 - 21 Nov 2019
Angola’s Ministry of Mineral Resources and Petroleum has laid out plans to increase oil refining capacity to 435,000 b/d by 2025 from just 75,000 b/d at present. State-owned Sonangol, whose entire board was unceremoniously sacked by President João Lourenço in May over its response to crippling fuel shortages, has been tasked with building three new refineries with private partners. These are a 60,000 b/d refinery in Cabinda and a 100,000 b/d refinery at Soyo, both in the far north, and the long-delayed two-phase 200,000 b/d Lobito refinery project in southern Benguela province.
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