Angola’s $920 million Cabinda refinery could start operating as early as the middle of next year, Secretary of State for Oil and Gas, José Alexandre Barroso announced on Wednesday.
The refinery – which will produce gas, diesel, aviation fuel and naphtha for domestic consumption – is being designed in three phases. Phase 1 of the Cabinda Refinery will produce 30, 000 barrels per day (bpd), while phase 2 will increase refining capacity to 60,000 bpd. The third and final phase will be completed by installing a hydrocracker to convert heavy fuel oil into gas oil and diesel.
The Cabinda Refinery – which will create 2,000 direct and indirect jobs for Angolan nationals – is a key pillar of the Angolan government’s strategy to develop its refining and transporting sector. Once complete, it will create jobs and boost the export of refined products to regional markets.