Zambia, Angola eye crossborder oil pipeline project Zambia-Angola-Pipeline April 14, 2021 to 12:24 315 APA-Lusaka (Zambia) Zambia and Angola are set to sign an agreement for the construction of an oil pipeline connecting the two neighbours in a move expected to ease Lusaka’s fuel challenges, APA learnt here on Wednesday.
Angola’s Ministry of Mineral Resources said in a statement that the issue came up for discussion during this week’s meeting between its energy minister Diamantino de Azevedo and Lusaka’s ambassador to Angola, Lawrence Chalungumana.
It said de Azevedo and his Zambian counterpart Mathew Nkhuwa are set to sign a memorandum of understanding on April 19 for the construction of the pipeline that would see Zambia getting diesel from Angola.
Angola awards work on 100,000 bpd refinery
Angola has awarded a build, own and operate (BOO) contract for the Soyo refinery to a consortium led by US company Quanten. 16/03/2021, 11:41 am
Angola has contracted Quanten to build a 100,000 bpd refinery in Soyo, under a $3.5bn build-operate-own contract.
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Angola has awarded a build, own and operate (BOO) contract for the Soyo refinery to a consortium led by US company Quanten.
Minbos Resources (ASX:MNB) soars on mineral investment contract
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Shares in Minbos Resources (MNB) have spiked after the company executed the mineral investment contract for the Cabinda Phosphate Project
Under the contract, the company will explore and exploit phosphate rock within the Cabinda Phosphate Project’s concession area
The contract also formalises Minbos’ engagement with Angolan Government Ministries and the province of Cabinda
This will allow the company to complete approvals, access agreements, offtake agreements, and contracts for the Caio Granulation Plant
Minbos Resources is up 50 per cent, and is trading for $0.10 per share