Continental Focus, International Reach

Soyo Refinery Tender to Launch

Wednesday, October 23, 2019

As announced in August, Angola’s Ministry of Mineral and Petroleum Resources will be launching an open and international public tender for the construction of a refinery in Soyo, in the north of the country, on October 24. The refinery is to be financed with private capital.

Once it is executed, it will join the other two ongoing projects –Cabinda and Lobito. If all of these projects come to fruition, Angola will have a total of four refineries to better meet domestic demand in the country, as it currently imports 80 percent of what it consumes.