A Zambian registered company plans to build a pipeline from oil-rich Angola to Lusaka after a refinery is completed in Angola, according to Zambia Development Agency. Basali Ba Liseli Resources will construct the multi-petroleum product pipeline and other ancillary infrastructure from the Sonaref refinery in Lobito, Angola. According to ZDA the refinery is initially earmarked to refine 200,000 barrels of crude oil per day. The first phase of the refinery project in Angola was expected to be commissioned by the end of 2013 or early 2014. The project is estimated to be worth US$2.5bn.
This becomes the second proposed new pipeline. The other being the Sub-Saharan Gemstone Exchange Industrial Park led project discussed here.
If the two projects materialize we expect a significant job and wealth creation for the country and to grow economically because this will push the cost of transport down. It would be good to have more investors in energy.
ReplyDeleteCan anyone tell me whether the route will proceed through Mwinilunga, and if so, has a route plan been established? I'm interested in promoting commercial development in Mwinilunga. But if a pipeline will run through either the Jimbe or Kamapanda borders, it would be best to know the route to avoid pulling down in future what would be built up in its path (apologies for the poor English).
DeleteI just hope that these propositions will be able to make the countries more abundant. This new pipeline will surely make the process of transporting petroleum products from one country to another faster and easier. It is expected for these countries to use big pipes. With this present time, I am certain that the construction will involve advance technology which is commonly used in the pipelining industry. This is also the same technology being used by the Lean Construction in Australia, one of the leading construction companies in the country. Anyway, I look forward to getting new updates about the progress of this project.
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