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.
