"Modular approaches to gas monetization are becoming more prevalent due to the inefficiency of large-scale projects in regions with limited industrial infrastructure."
"We are committed to becoming a major independent energy producer. This goal drives us to explore new opportunities and monetize the existing gas reserves in the Cabinda South Block."
"We are optimistic about the future of the energy industry in Nigeria, particularly recognizing gas as the transition fuel towards a lower-carbon environment."
CEO, SONANGOL REFINING & PETROCHEMICAL COMPANY (SONAREF)
"Sonaref is spearheading three major refining projects: the Cabinda Oil Refinery, the Soyo Refinery, and the Lobito Refinery, which aim to increase our total refining capacity to 425,000 bpd."
"Oil production in Angola has been on a declining trend over the past few years, but our discoveries have bucked this trend with the company’s production increasing by 30% from 2022 to 2024."
The Latin America Petrochemicals and Chemicals 2024 report, produced in alliance with APLA, explores the current state of these industries, the challenges they face, and the opportunities they offer.