The consultancy Fitch Solutions forecast this week that Angola’s oil refining capacity “will more than double” from the current 100,000 barrels of oil per day to nearly 250,000 by 2025.
“The oil refining segment in Angola will see rapid expansion through the middle of this decade, fueled by the Cabinda refinery and the Soyo project,” Fitch Solutions wrote.
They pointed out that this growth in refining capacity “results from the government . . .