12 °c
London
Tuesday, March 28, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Sonangol, Pumangol agreement allows fuel reserve creation

Staff by Staff
April 24, 2020
in Africa, Angola, Economy, Energy, Fuel, Gas, Natural Resources, Oil
Reading Time: 1 min read
899 68
0
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Sonangol and Pumangol have agreed to use the Pumangol fuel terminal (TCPL), in Luanda, owned by Puma Energy, to create a fuel reserve for the country.

As a result of the agreement, the parties followed last Tuesday, April 21, the first unloading operation at the referred terminal, carried out by Sonangol’s Girassol vessel.

In a statement, to which Angop has had access, Sonangol underlines that the understanding satisfies both parties and will make it possible to meet fuel needs, as well as reinforces cooperation between the two companies.

Signed last weekend, the agreement will allow Sonangol to use these facilities almost to their full capacity, estimated at three hundred thousand cubic meters, as well as other logistical assets it has.

Sonangol has assured that it remains engaged in the construction project for the Barra do Dande Ocean Terminal, in Bengo Province, an undertaking that will increase the onshore storage capacity and contribute to the creation of the liquid and gaseous fuel security reserve for the country.

The Pumangol group is the identity under which Puma Energy is registered in Angola, dedicated to the storage and distribution of fuel, bitumens, emulsions and asphalt derivatives.

Source: Angop via CrudeMix

Related

Tags: AngolaBarra do Dande Ocean TerminalBengo ProvinceGirassolLuandaOil and gasPuma EnergyPumangolSonangolTCPLанголаأنغولاアンゴラ安哥拉
ScanSendShare387Tweet242Share68Pin87Send
Staff

Staff

Related Posts

Angola new Kwanza banknotes
Grey List

Grey List – Angola to discuss financial report with FATF

by FurtherAfrica
March 28, 2023
Climate

Mozambique expands locally-led climate resilience with support from the EU

by Elizabeth Khumalo
March 28, 2023
Agriculture

McKinsey backs new agriculture initiative in Africa

by Farmers Review Africa
March 28, 2023
BP production in Angola is in decline since 2017
Energy

Top 5 oil and gas projects in Angola

by Energy Capital & Power
March 28, 2023
Venture Capital

African Impact Challenge applications now open

by TechGist Africa
March 28, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Angola new Kwanza banknotes
Grey List

Grey List – Angola to discuss financial report with FATF

by FurtherAfrica
March 28, 2023
0

Angola's report on the financial system is to be discussed at an assembly in April in Arusha, Tanzania, as part...

Read more

Mozambique expands locally-led climate resilience with support from the EU

March 28, 2023

McKinsey backs new agriculture initiative in Africa

March 28, 2023
BP production in Angola is in decline since 2017

Top 5 oil and gas projects in Angola

March 28, 2023

African Impact Challenge applications now open

March 28, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 100,033 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
 

Loading Comments...