In a bid to control “domestic demand for gasoline and diesel” as stated by Sonangol, the state oil company of Angola has issued an international tender for importing fuel, starting from 1 April 2023 to 31 March 2024
The national oil company (NOC) has invited 21 organisations in a race to replace the country's current supplier.
The development comes in the wake of insufficient domestic supply of petroleum and diesel fuels in the southern African country.
“21 companies were invited, from which the winner will be selected, to supply oil by-products, using the Delivery At Place system (DAP) in Luanda, to replace the current supplier whose contract ends on 31 March,” Sonangol has stated.
Focussing on self-sufficiency, Angola is committed to improve its production capacity to a point from which it can consider exporting refined crude. The Luanda Refinery, which started operations in 2022, promising a production capacity of 1.5 mn litres of gasoline per day, is the lead among four ongoing refinery projects in the country, namely, Lobito, Cabinda and Soyo.