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."
CHAIRMAN, PETROLEUM TECHNOLOGY ASSOCIATION OF NIGERIA (PETAN)
"PETAN advocates that authorities should look more into oil and gas evacuation on land and in swamp environments as the cost of production in these environments is approximately 20% of the production costs offshore."
"Within a few days, we can transform barren sites into fully equipped facilities, demonstrating our adaptability in supporting Angola's energy sector."
"Businesses in Nigeria grapple with various hurdles, particularly in procurement and currency fluctuations, which significantly impact their operations."
"Angola has strategic plans in place extending to 2027 to increase the acreage explored and boost production. This involves putting more blocks into the market to attract investors."
Mexico's chemical industry faces challenges in securing a reliable feedstock supply and maintaining global competitiveness. A shift towards sustainable energy and local production could provide long-term growth opportunities, and some sectors are booming, including Mexico's dynamic chemical distribution market.