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
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Secretary General Hamel warns on gas underinvestment, and highlights the energy source as playing a transitional role in the West and being a destination fuel in the Global South
25 November 2024
The Nigerian mega-refinery has yet to reach its full product-producing potential
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
