Angola’s National Oil Company, Sonangol, has launched an international tender for the import of crude oil by-products, inviting 21 companies, from which one will be selected, to replace the southern African country’s current supplier.
Launched on 6 January, the announcement comes as Angola targets measures aimed at meeting domestic demand for petroleum and diesel fuels from the period of 1 April 2023 to 31 March 2024.
“21 companies were invited, from which the winner will be selected, to supply oil by-products, using the Delivery At Place system (DAP) in Luanda, to replace the current supplier whose contract ends on 31 March,” Sonangol indicated in a statement.
Committed to reducing its dependence on refined oil imports, Angola has set targets to increase the internal production capacity of oil and oil-related products and to start exporting refined crude. Inaugurated in 2022, the Luanda Refinery, with a capacity to produce 1.5 million liters of gasoline per day, serves as the first of four ongoing refinery projects in the country, along with the Lobito, Cabinda, and Soyo crude oil refineries.