João Lourenço, quoted in a statement from the state oil company Sonangol, highlighted the strategic nature of infrastructures such as the Barra do Dande Ocean Terminal and the refineries that are being built and that, when completed, will ensure the country's self-sufficiency in fuel production.
Angola only has the Luanda refinery in operation, and expects to complete construction of the Cabinda, Soyo and Lobito refineries by 2027.
The country, which competes with Nigeria for the top oil production spot in Africa, imports around 75% of the fuel it consumes.
According to Sonangol's president, Gaspar Martins, the structure, an investment of around 700 million dollars (679 million euros at the current exchange rate), which has 16 tanks in the first phase, "will provide the country with an additional storage capacity of 582,000 cubic meters".
This capacity is divided "into 320,000 cubic meters of diesel, 160,000 cubic meters of gasoline and 102,000 cubic meters of LPG, meeting the conditions to ensure strategic reserves and national security", he detailed.
The commercialization phase of products from the Barra do Dande Ocean Terminal, in the province of Bengo, is scheduled for July this year, according to the same person in charge, quoted by Jornal de Angola.
The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, reinforced that the inauguration of this infrastructure will contribute to achieving energy independence and "bringing new dynamics to the country's development".
The event also served to sign nine memorandums between Sonangol and companies that will operate at the terminal, namely BP, Vitol, Trafigura, Sahara, Gemcorp, Sinochem, Glencore, Atenoc and Total.
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