Africa Oil & Gas: Sonangol selects best proposals for refinery construction in Angola

Lobito refinery - portfolio-SonarefRef-P
Angola’s state-owned Sonangol EP is set to start off construction of industrial process units for its Lobito Refinery.

Angolan state oil company Sonangol has selected the seven best proposals for the construction of the Lobito and Cabinda refineries from among 16 proposals for the Lobito refinery, seven for the Cabinda refinery and seven others without specifying the intended project, according to a statement released on Wednesday in Luanda.

Sonangol said it had completed the first phase of the process to select partners for the construction of refineries in the cities of Lobito and Cabinda, with the list of the seven best proposals for each of the refineries being submitted to the government for appreciation, recommendation and decision.

“The preparation of the next phase of the process where clarification, due diligence, discussions and negotiations will be carried out between April and August 2018 is underway,” the statement said.

The 14 best proposals selected came from a list of 28 submitted by companies and/or consortia, including companies from China, Portugal, Japan and South Korea.

From China, the proposals include the China Harbour Engineering Company, China Chemical Engineering Second Construction Corporation, China Petroleum Pipeline Engineering Company and CITIC Construction Company, from Portugal they came from Mota-Engil, from Japan from the Marubeni Corporation and from South Korea the Hyundai Engineering Corporation. (macauhub)

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