Another African Country Builds New Refinery, Ready to Compete with Dangote
Another African Country Builds New Refinery, Ready to Compete with Dangote 0n Thursday, October 31, 2024 at 2:11 PM by Pascal Oparada 3 min read Angola is set to complete its Cabinda oil refinery and commence production in April 2025 The new facility will reportedly be commissioned between January and February next year The refinery will commence petroleum production with 30,000 barrels of crude supplies from Angola’s national oil firm, Sonangol. Angola’s Cabinda oil refinery will begin production in April 2025 after completing its first phase ahead of schedule. The CEO of GemCorp Holdings Limited, the refinery’s majority shareholder, disclosed recently. Angola fixed a date for its second refinery to commence production Credit: Ben Montgomery / Contributor Source: The new refinery fixes date for production According to GenCorp boss Atanas Bosandjiev, the new facility will be commissioned between January and February 2025, and its first fuel supp...