Botswana Stake in Angola's Lobito Oil Refinery Project
Sector: Government • Location: Lobito, Angola
Source: Discovery Alert
Botswana is pursuing a 30% equity stake in Angola's Lobito Oil Refinery, a major downstream energy infrastructure project with a processing capacity of 200,000 barrels per day and a total investment of $6 billion USD. This strategic investment aims to enhance regional energy security, reduce Botswana's dependency on imported refined petroleum products, and foster regional economic integration. The
- Status
- Prospective
- Sector
- Government, Oil and Gas
- Location
- Lobito, Angola
- Updated
- 22 Jul 2026
- Source
- Discovery Alert
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Botswana is pursuing a 30% equity stake in Angola's Lobito Oil Refinery, a major downstream energy infrastructure project with a processing capacity of 200,000 barrels per day and a total investment of $6 billion USD. This strategic investment aims to enhance regional energy security, reduce Botswana's dependency on imported refined petroleum products, and foster regional economic integration. The project involves equity participation and preferential supply agreements through Angola's state energy company Sonangol. |
Original sector | Energy |
Budget |
Location
Country | Angola |
City | Lobito |
Source
Source | Discovery Alert |
URL |
More Details
Record type | Project |
Sector | Government, Oil and Gas |
Article published date | 2026-04-03 |
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