Africa-Press – Angola. Last year, Sonangol produced 95 percent of the lubricant products sold in the country, a capacity that gave only a five percent margin for imports of these oil derivatives in 2021.
According to data provided, the percentage sold is supplied by the national oil company’s lubricant factory, with a production capacity of 17,600 metric tons (MT) per year.
Last year, approximately 6,700 TM were produced, representing 95 percent of the products sold and the deficit of five percent corresponded to a range, considered to be of special importance, acquired by this Angolan firm.
According to a communication from the national fuel society, Ngol is Sonangol’s lubricant brand and has products for cars and motorcycles (auto), for activities and/or marine equipment and for industries.
Unlike lubricants, the volume of fuel imports in 2021 was approximately 67 percent; and fuel purchases amounted to around 3.7 million MT of products, with diesel accounting for 48 percent and gasoline for 31 percent.
Of the total fuel produced locally (33%), the Luanda Refinery, currently undergoing expansion works, supplied 30 percent, the Topping in Cabinda (3%), while the missing 67 percent were covered using imports. The document also attests that the import of diesel and gasoline represented an annual cost of approximately 1.750 billion dollars.
frame reversal
It is expected that the intention to eliminate the need to import fuels in Angola will be materialized with the construction and expansion projects of the Luanda, Cabinda and Lobito refineries, the latter until 2025
. 2021, published in the newspaper Pacaça da Sonangol, referring to the month of January, its chairman of the Board of Directors, Gaspar Martins, highlighted the expansion of refinery projects, which will allow even more the external independence of derivatives.
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