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Lobito Refinery Expansion

Sector: Oil and Gas • Location: Lobito, Angola

Source: Energy Capital & Power

Project
Under Construction

The Lobito refinery in Angola is under development and will be the country's largest operational facility with a capacity of 200,000 barrels per day. The first phase is scheduled for completion in 2027 with a cost of $3.8 billion. The national oil company Sonangol is seeking an additional $4.8 billion to complete the facility. Botswana is considering acquiring a 30% stake in the refinery, represen

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Project Information

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The project “Lobito Refinery Expansion” is an infrastructure initiative in the Oil and Gas sector, located in Lobito, Angola. Taiyo aggregates data on it from Energy Capital & Power.

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Participants

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Status

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under construction

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Description

Description

The Lobito refinery in Angola is under development and will be the country's largest operational facility with a capacity of 200,000 barrels per day. The first phase is scheduled for completion in 2027 with a cost of $3.8 billion. The national oil company Sonangol is seeking an additional $4.8 billion to complete the facility. Botswana is considering acquiring a 30% stake in the refinery, representing a regional financing model to support the project.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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