Gemcorp has completed preliminary work preparing a site in Angola for the construction of the Cabinda oil refinery.
The first 30,000 barrel per day phase should be ready by late 2021, Gemcorp has said. A final investment decision is expected by the end of June, with construction due to begin in August.
The investment group said it had completed de-mining, land clearance and site preparation on 38 hectares of land. It has also finished the front-end engineering and design (FEED) on both the ISBL and OSBL components.