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Lobito Oil Refinery Project

Sector: Oil and Gas • Location: Lobito, Angola

Source: Business Insider Africa

Project
Planned

The Lobito Oil Refinery is a major oil refinery project in Angola being developed by the state-owned company Sonangol. It is expected to have a processing capacity of approximately 200,000 barrels per day and an estimated cost of about $6 billion. Botswana is negotiating to acquire up to a 30% stake in this project to enhance its energy security amid global supply concerns.

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Project Information

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The project “Lobito Oil Refinery Project” is an infrastructure initiative in the Oil and Gas sector, located in Lobito, Angola. Taiyo aggregates data on it from Business Insider Africa.

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planned

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Description

Description

The Lobito Oil Refinery is a major oil refinery project in Angola being developed by the state-owned company Sonangol. It is expected to have a processing capacity of approximately 200,000 barrels per day and an estimated cost of about $6 billion. Botswana is negotiating to acquire up to a 30% stake in this project to enhance its energy security amid global supply concerns.

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High

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More Details

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