Refining
Despite being an oil producing country, Angola has only one small refinery located in Luanda and it does not have the capacity to satisfy internal demand and rapid economic growth. For this reason, Angola annually imports about 250 million dollars of oil derivatives. To meet the national demand, Sonangol has now started the construction of a new and modern refinery, Sonaref, with the objective of having complete integration of oil production and refining activities.
Sonaref is under construction in Lobito, province of Benguela. It's set to open in 2015 and will have a production capacity of about 200,000 bpd.