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Sun, 28 Oct 2018 13:03 - Updated Sun, 28 Oct 2018 13:03

Fuel stations to increase in 16%

Luanda - The number of fuel stations in the country will grow 16 percent in the five-year period 2018-2022, from the current 1,132 service points to 1,313 filling stations throughout the country.

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Minister of Mineral Resources and Oil, Diamantino Azevedo

Photo: Clemente dos Santos

Além de postos de abastecimento da Sonangol, existem outras empresas na distribuição.

Photo: Pedro Parente

The information was released Saturday by the Minister of Mineral Resources and Petroleum, Diamantino Azevedo, in an informal meeting called "Matabicho com journalistas" (Breakfast with journalists), which aimed to talk about the main strategies of the sector for the next years.

For the implementation of the project, according to the minister, it will be necessary to map the areas to be benefited and define the type of fuel stations to be built.

In addition, he reiterated that the Cabinda refinery, whose construction is also planned for the 2017/2022 quinquennium, will have a capacity to process 50,000 barrels of oil / day.

The processing unit will have a participation mainly of private companies and a small part of the Angolan state, unlike the Lobito refinery where the State has more or less 50 percent of the shares.

In relation to the Lobito refinery, which could process 200,000 barrels of oil per day, the official said that it was designed to develop the petrochemical industry - production of the most diverse petroleum products, with a focus on exports.

On the selection tender of companies to build the refineries, she said that seven of a universe of 100 refinery proposals were selected.

Referring to Sonangol, Diamantino Azevedo said that the Finance Ministry will privatize 54 of the company's subsidiaries, which are not part of the core business, the main business of the Angolan oil company.

Tags Economy  

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