Posted by Aydanur Akkurt - Africa Oil & Power
Luanda, Angola, August 27, 2019 – Angola's Ministry of Mineral Resources and Petroleum (MIREMPET) announced on Monday the launch of an international public tender for the construction of a privately-owned oil refinery in Soyo.
According to an official statement, MIREMPET will communicate the details of the presentation of the project and the launch date of the invitation for tender imminently, including the program, specifications and other tender documents. The tender will take place under the Law of Public Procurement ratified by Law 9/16, and other applicable legislation.
Located in the northern province of Zaire, the 110,000 barrel per day refinery will produce liquefied petroleum gas, petrol, benzene, jet fuel, and kerosene.
The facility will include a processing unit, crude oil warehouse, transport, and accessory installation area, 79 tanks to store fuel and a pier to moor two tankers with a capacity of up to 100 tons.
The Soyo refinery was initially announced in 2015, with construction awarded to the China Tianchen Engineering Corp., in which state-owned Sonangol holds an interest through its joint-venture subsidiary China Sonangol. While the facility was expected to start operating in 2017, construction was put on hold and the timeline of the project remains unknown.
With current production meeting less than one-third of domestic oil consumption, Angola's refining capacity remains severely underserved, and the 60,000-barrel per day Luanda refinery serves as the only operating refinery in the country.
As a result, Angola is seeking to develop its domestic refining sector and reduce its reliance upon and associated costs of imported fuel volumes, specifically through the construction of several new refineries that are planned to commence operation from 2019 to 2025.
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