Ver Angola

Energy

Etu Energias aims to cover 25 percent of internal lubricant consumption

Etu Energias intends to satisfy 25 percent of internal lubricant consumption, through the implementation of a factory capable of producing, locally, more than 12 thousand metric tons of refined products annually. The objective of this initiative – the result of a partnership between the national oil company and Glide Techonology, a Malaysian company – is to reduce imports of petroleum derivatives.

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"In the long term, we will start producing, locally, more than 12 thousand metric tons of lubricants, to cover 25 percent of internal consumption, in an investment of more than five million dollars", pointed out Edson dos Santos, president of the Board of Management (PCA) of Etu Energias, speaking to the press at the launch of a line of lubricants with production in Malaysia.

With annual consumption of approximately 40 thousand metric tons of refined products, the oil company's PCA considered that the implementation of the manufacturing unit in Angola will make it possible to provide quality and innovative products and also contribute to boosting the country's market, writes Angop.

However, until the installation of the manufacturing unit in the country, refined products will be imported from Malaysia, as a production line capable of processing approximately 10 thousand metric tons of lubricants annually is implemented in this country.

According to Angop, the Malaysian refinery - budgeted at approximately five million dollars - has a line of seven multipurpose products for both gasoline and diesel engines in cars, ships, electric motors, as well as industrial machines with reduced levels of pollution, whose products, said the company's PCA, are internationally certified and have environmental support and a reduced level of sulfur, lasting longer between periodic maintenance.

Outside the field of lubricants, Edson dos Santos also mentioned the initiative to implement gas stations. In this field, the person responsible said that next month the inauguration of its fourth pump will take place, in the centrality of Sequele. The company's intentions, according to its PCA, include reaching 36 filling stations in all provinces in the next four years.

In turn, Dato Muhazli Muhamad, general director of the Malaysian company, cited by Angop, informed that the construction and implementation of industrial equipment is budgeted at around five million dollars, adding that the identification of the site is currently underway, The works are expected to begin this year.

Luís Fernandes, general director of the Petroleum Derivatives Regulatory Institute also spoke on the occasion. The person responsible informed that more than half (approximately 83 percent) of the petroleum derivatives consumed in the country result from imports, adding that the regulator's most challenging factor has to do with analyzing the quality of lubricants, as well as inspection of packaging labeling.

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