Ver Angola

Energy

Nine companies accepted for the construction of the Soyo Refinery

A total of nine of the 31 companies that submitted their bids for the construction of the Soyo Refinery in Zaire Province were accepted, and it is expected that after the announcement of the winner the work will be ready in four years.

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According to the announcement, SDRC companies and consortia, Jiangsu Sinochem Construction, Co, Quantem Consortium, CMEC, AIDA E VSF, Tobaka Investiment Group, Atis Nebest - Angola, Satarem, Gemcorp Capital and CPP were selected.

In a press statement, the Secretary of State for Petroleum, José Barroso, said that possibly the announcement of the winner of the competition will take place in April of this year, if all the evaluation and administrative stages of such a process are completed.

José Barroso pointed that the government's aim is to have a 100 percent private refinery with the capacity to process around 100,000 barrels per day.

"From the initial data we have seen from the bidding sheets, we think we can have the refinery ready within three to four years of the announcement of the winner", he stressed.

At the beginning, informed the contest coordinator, Guiomaro Correia, 31 companies expressed their interest in participating in the contest, of which only 15 submitted their documentation.

"Of these 15, nine companies submitted their bids, which we present here, which were accepted by the commission," he said.

The competition was launched on 24 October and the initial timetable was for the winner to be announced on 31 March.

The refinery will have a processing capacity of up to 100,000 barrels of crude per day and will join three other projects - the construction of the Cabinda and Lobito refineries and the upgrading of the Luanda unit - with the aim of tripling fuel production and covering annual domestic demand over the next ten to 20 years.