The Ministry of Mineral Resources and Oil of Angola has selected nine of the 31 proposals presented to the international public tender for the construction of a refinery in Soyo, announced in Luanda, the Secretary of State for Oil.
José Barroso, on announcing the results of the tender, said the companies and consortia selected were SDRC, Jiangsu Sinochem Construction, Quantem Consortium, CMEC, AIDA and VSF, Tobaka Investment Group, Atis Nebest – Angola, Satarem, Gemcorp Capital and CPP.
The Secretary of State said that all proposals come with a capacity to refine 100,000 barrels of oil per day, with the exception of SDRC, which has a capacity of up to 120,000 barrels per day.
The nine proposals stipulate execution periods ranging from 16 to 40 months.
The analysis of the proposals will take place on 5 and 6 March, and the selected candidate will be announced on 31 March 2020, said the secretary of state.
Construction of the Soyo refinery is part in a programme that also provides for the building of plants of this kind in Cabinda, with a processing capacity of 60,000 barrels per day, and Lobito (200,000 barrels per day), in addition to the restoration and modernisation of the Luanda refinery, to quadruple its capacity.
Source: Macauhub
