Angola’s $6 Billion Leap Towards Energy Self-Reliance

Angola’s government has signed a deal with CNCEC, a Chinese company, to build a new refinery. This refinery, known as the Lobito Refinery, will be in Benguela province. The project will cost $6 billion. Sonangol, Angola’s state-owned oil firm, also joined this effort. It signed three contracts. The first is for building the refinery with […]

Leave a Reply

Your email address will not be published. Required fields are marked *