The volume of refined crude oil products sold during the first quarter of 2025 in the province of Cuanza Norte amounted to 27,901.38 metric tons, with diesel predominating, accounting for 72 percent, followed by gasoline, which represented 21 percent. The data was revealed by Luís Fernandes, Director-General of the Petroleum Derivatives Regulatory Institute (IRDP), during the Forum on Investment in the Mineral Resources, Oil and Gas Sector, recently held in Ndalatando, under the theme “Investment in the Mining and Petroleum Sector as a Lever for Economic Diversification.”
According to statistics, the accumulated sales volume in the first quarter of 2025 exceeded the same period in 2024 by about 167 percent, considering that between January and March of this year, sales reached 27,901.38 metric tons, compared to 10,412.20 metric tons marketed during the first three months of 2024, while the fourth quarter of the same year recorded sales of 15,196.42 metric tons.
Luís Fernandes gave a brief overview of the Petroleum Derivatives Sector System, highlighting that part of the derivatives consumed in Cuanza Norte during the referenced period were supplied by the Luanda Refinery and CABGOC Storage.
New Dynamics
The Director-General of IRDP acknowledges that the quantities supplied are still insufficient to meet the entire province’s demand but believes in more fruitful days ahead due to the operation of ocean and land terminals, as well as the implementation program of new supply stations, and the completion of projects such as Angola LNG, Sanha, Topping Plant, and Storage.
The commissioning of new facilities for fuel transport by rail, refining industry, base oil blending with additives, lubricants filling and storage, LPG maritime bunkering, lubricants filling and storage, pipelines, LPG resale, also allow for greater efficiency in supply.
“The province of Cuanza Norte has a fuel facility with a total capacity of 1,904 cubic meters, at a time when gas supply is carried out by land transport via wholesale clients from Luanda and Malanje, using three depots in the Cambambe region, due to the lack of a local filling facility,” said Luís Fernandes.
He also highlighted that Cuanza Norte has a network of 18 supply stations, including 11 Sonangol stations, one Pumangol, three white-label stations, and three Total Energies Marketing Angola (TEMA) stations.
The National Mapping of Supply Stations (PA’s) for the 1st Quarter of 2024 reported fifteen (15) operational stations, fourteen (14) conventional stations, and one (1) containerized station, although it notes that “with the recent administrative division of the country, some stations may not yet be correctly located.”
Investment Opportunities
The Director-General of the Petroleum Derivatives Regulatory Institute invited the business community to invest in the construction and operation of storage facilities and pipelines, construction and operation of gas pipelines, construction and operation of networks and branches, and installation of piped gas.
Among the business opportunities in Cuanza Norte province stand out the construction and operation of filling facilities, mini installations and containerized LPG bottle filling stations, construction of lubricant production factories, LPG resale, lubricants, wholesale and retail kerosene, construction of production factories, refurbishment of LPG bottles and their equipment.
Source: Jornal de Angola
