Lobito Refinery Upgrade
Sector: Oil and Gas • Location: Lobito, Angola
Source: ZAWYA
Angola's Sonangol is seeking $4.8 billion to address a funding shortfall for its planned 200,000 barrel per day Lobito refinery. The project aims to boost Angola's oil refining capacity and reduce reliance on imported refined products. The total cost of the project is estimated at $6.6 billion, with construction expected to start next year and completion anticipated by 2027.
- Status
- Prospective
- Sector
- Oil and Gas, Bridge, Chemical (Industrial), Manufacturing (Industrial), Government
- Location
- Lobito, Angola
- Updated
- 22 Jul 2026
- Source
- ZAWYA
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Angola's Sonangol is seeking $4.8 billion to address a funding shortfall for its planned 200,000 barrel per day Lobito refinery. The project aims to boost Angola's oil refining capacity and reduce reliance on imported refined products. The total cost of the project is estimated at $6.6 billion, with construction expected to start next year and completion anticipated by 2027. |
Original sector | Energy |
Budget |
Location
Country | Angola |
City | Lobito |
Source
Source | ZAWYA |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Bridge, Chemical (Industrial), Manufacturing (Industrial), Government |
Article published date | 2025-04-12 |
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