Southern Africa
Angola's Cabinda Refinery Reaches Financial Close
The refinery will have a capacity of 60,000 b/d.
The Cabinda Oil Refinery project in Angola has reached financial close.
Africa Finance Corporation and African Export-Import Bank (Afreximbank) announced a US$335 million project financing facility for the refinery on 13 July.
The refinery is being developed by the UK's Gemcorp Holding Limited (GHL), in partnership with Angola’s state oil company, Sonangol, which
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