October 11, 2019 / 9:59 AM / 6 months ago

Eni plans to quadruple gasoline output at Angolan refinery by 2021

CAPE TOWN, Oct 11 (Reuters) - Italian oil and gas company Eni expects to boost gasoline production at Angola’s Luanda refinery to 470,000 tonnes within two years from the current 110,000 tonnes a year, a senior company official said on Friday.

Last year, Eni signed an agreement with Angola’s state-owned oil firm Sonangol to lift production at the 65,000 barrel per day plant, the only refinery in Africa’s second largest oil producer which imports around 80% of its fuel products.

“The installation of a specific unit, which is called a platformer, (will allow the refinery) to increase production of reformate gasoline,” said Andrea Giaccardo, Eni Angola’s managing director, in a country report to an African oil and power conference in Cape Town.

“The current capacity of the refinery is 110,000 tonnes per year and the target, once the platformer is installed, is to reach a production capacity of about 470,000 tonnes per year by 2021,” he said.

Milan-based Maire Tecnimont S.p.A. said separately its Kinetics Technology subsidiary was awarded the engineering, procurement and construction contract worth $200 million.

Eni operates the Luanda refinery under a joint venture with Sonangol. (Reporting by Wendell Roelf and Helen Reid; Editing by Emelia Sithole-Matarise)

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