The Angolan coast
Angola to build new oil and gas port
The development will support the country’s plans to capitalise on regional demand for refined products
Angolan NOC Sonangol has contracted Brazil's Odebrecht Engineering and Construction (OEC) to build a new oil and gas port. The $499mn Barra do Dande Ocean terminal will comprise import and export infrastructure and storage facilities. Sonangol has commissioned OEC to build capacity to store 580,000m³ of gasoline and diesel as well as 102,000m³ of LPG. As a result, Barra do Dande will be Angola’s largest storage facility, “making possible an increase in the trade balance”, says OEC. Angola is seeking to end its dependence on refined product imports and to capitalise on regional demand through the development of its own domestic refining industry, with more than 360,000bl/d of capacity under
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
