The development will support the country’s plans to capitalise on regional demand for refined products
Angolan NOC Sonangol has contracted Brazil’s Odebrecht Engineering and Construction (OEC) to build a new oil and gas port.
The $499mn Barra do Dande Ocean terminal will comprise import and export infrastructure and storage facilities. Sonangol has commissioned OEC to build capacity to store 580,000m³ of gasoline and diesel as well as 102,000m³ of LPG. As a result, Barra do Dande will be Angola’s largest storage facility, “making possible an increase in the trade balance”, says OEC.
Angola is seeking to end its dependence on refined product imports and to capitalise on regional demand through the development of its own domestic refining industry, with more than 360,000bl/d of capacity unde
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