Tue, 04 Jun 2019 17:16 - Updated Tue, 04 Jun 2019 17:15
Gasoline output to quadruple within two years
Luanda - Angola’s oil company Sonangol predicts rise in production capacity of gasoline by Luanda Refinery in 2021 from the current 300 to 1, 200 tons per year.
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Sonangol and ENI managers sign deal
Photo: Pedro Parente
Sonangol and ENI sign agreement
Photo: Pedro Parente
The predicted increase stems from the construction of a new unit by the company KT - Kinetics Technology.
Sonangol and ENI agreed on Tuesday in Luanda to hand over the construction of the new gasoline production unit at the Luanda Refinery to KT - Kinetics Technology.
KT won the international public tender promoted by the Italian oil company - ENI.
The deal was signed by Sonangol CEO Sebastião Martins, and the Executive Deputy Chairman of ENI for Sub-Saharan Africa, Guido Brusco.
The signing ceremony took place on sidelines of the Angola Oil and Gas Conference in Luanda, opened by the President of Republic, João Lourenço.
The event gathers several Angolan public managers and oil ministers from South Sudan, Niger, Equatorial Guinea and Sao Tome and Principe.
The Secretary General of the International Energy Forum is also at the event, going until Thursday in Luanda.
- 03/06/2019 17:01:42
Luanda - The Angolan Oil and Gas Conference 2019, an initiative of Africa Oil & Power, starts on Tuesday in Luanda with the participation of the main players in the world oil industry and consulting firms.
- 03/06/2019 12:06:07
Luanda - The National Oil, Gas and Biofuels Agency (ANPG) and ENI announced Monday a new oil discovery in Block 15/06, in Angola's deepwater, with estimated reserves of 300 to 400 million barrels of light oil.
- 03/06/2019 11:59:22
Luanda - The National Oil and Gas Agency (ANPG) has drafted a strategic plan of short, medium and long terms to counter the decline being recorded in the country’s crude oil production, which currently stands at 1.4 million barrels per day.