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Angola’s Sonangol will launch a tender for the Lobito refinery project

The Angolan state-owned oil and gas company Sonangol will issue a public tender in July 2021 to select entities that will acquire a stake in the 200,000 bbl/d (10 Mt/year) refinery project in Lobito, Benguela province and fund the project. Construction started in 2012 but stopped several times. The project is expected to be completed in 2025.

Angola has a single operational refinery in Luanda, which was commissioned in 1958 and can process 65,000 bbl/d (3.25 Mt/year). Namref is developing a 400,000 bbl/d (20 Mt/year) refinery in Giraul de Baixo. Sonagol is also considering a 400,000 bbl/d (20 Mt/year) refinery in Ambriz. In March 2021, the Quantem consortium, which comprises American companies TGT, Quantem, Aurum & Sharp and the Angolan company Atis-Nebest, won a build, own and operate (BOO) contract for the 100,000 bbl/d Soyo refinery in the Zaire province of Angola. In addition, Gemcorp elected the Brazilian construction company Odebrecht to build the 60,000 bbl/d Cabinda refinery project in the Malembo plain (Cabinda province). Construction started in March 2021 and to be completed in 2022.