Africa-Press – Angola. Hydrocarbon exploration company Etu Energias announced on Wednesday, in the Special Economic Zone (SEZ) in the province of Icolo e Bengo, the construction of a new lubricants plant in Luanda, with a production capacity of 24,000 metric tons per year.
Etu Energias, ́s CEO, Edson dos Santos said that the initiative aims to meet the growing demand of the domestic market and promote import substitution.
The project, presented during the second day of the Angola International Fair (FILDA 2025), marks a new step in the diversification of the company’s activities, traditionally focused on crude oil exploration, as well as on promoting employment.
The industrial unit, scheduled for completion in the first quarter of 2026, will be dedicated to the production of the national brand Etu and aims to address the shortage of this product in the Angolan market, in addition to generating several jobs. According to the CEO, the initiative is part of a broader expansion plan for Etu Energias, which includes expanding its gas station network, and the number of stations is expected to grow from the current four to 40 over the next four years.
He emphasized that in the last three years, Etu Energias has tripled its crude oil production, consolidating its position as one of the leading companies in the energy sector in Angola.
He added that, with the diversification of lubricant production and fuel distribution, the company is taking new steps toward verticalizing its operations.
Edson dos Santos also emphasized Etu Energias’ commitment to the social development of the communities where it operates, as the company has invested in social projects, especially in Zaire, with initiatives focused on building schools, clinics, and hospitals, as well as programs to support local agriculture and fishing.
“We never forget the communities surrounding our operations; we believe that the company’s growth must go hand in hand with the sustainable development of the regions where we operate,” the CEO emphasized.
He considered the International Business Fair a clear demonstration of Angola’s potential, allowing national companies to showcase locally developed products.
“For Etu Energias, this is a time to reaffirm our commitment to the country and strengthen national industry,” he said.
Four pavilions have been set up: 8,000 square meters, 3,000 square meters, 2,000 square meters, and the last one with 40,000 square meters, all of which are covered, in addition to a surrounding area of 160,000 square meters. Under the motto “50 years, consolidating Angola’s economic independence and integration into the world”, this edition essentially aims to boost business and unite the best of the national business community, in a strategic celebration of the country’s economic progress and business vision.
his edition, which runs until next Sunday, has 2,194 direct and indirect participants from various sectors and 18 countries, surpassing the 1,707 exhibitors at FILDA/2024.
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