ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage



Home » News » Economy

Wed, 05 Jun 2019 17:20 - Updated Wed, 05 Jun 2019 17:20

Sonangol, United Shine sign agreement on Cabinda refinery

Luanda - A partnership agreement for the construction of high-conversion crude oil refinery in northern Cabinda province was signed last Tuesday in Luanda.

Send by email

To share this news by email, fill out the information below and click Send


To report errors in the texts of articles published, fill out the information below and click Send

The agreement was signed between Sonangol and United Shine, on the sidelines of Conference on “Angola Oil and Gas 2019”, opened Tuesday by the head of State Joao Lourenço in Luanda .

United Shine won a tender launched by the State-run oil firm Sonangol in 2017.

The tender provides for the construction of a refinery with processing capacity of 60,000 barrels of oil per day.

The goal is to produce byproducts such as diesel, gasoline and Jet A1.

The construction is part of Sonangol's priorities and cover the National Development Plan, under the Government strategy to reduce costs through the import of oil byproducts.

The 4- 6 June Forum is taking part at a time the Gas and Oil sector is undergoing reforms, started in 2017.

Tags Economy  

Read also
  • 04/06/2019 17:16:02

    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.

  • 03/06/2019 11:59:22

    ANPG outlines strategy to counter decline in crude oil production

    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.

  • 02/06/2019 11:33:26

    Angla to use gas-fired power plant instead of diesel

    Luanda - The Angolan government plans to convert all thermal diesel power plants into gas-fired power plant in the next three years, within the framework of the consumption strategies of this energy source produced by Angola LNG.