Luanda - Angola imported in the second quarter of this year 1.036 million metric tonnes (MT) representing a 21 percent reduction of fuels import for sale, with emphasis on diesel and petrol.
Of the total volume purchased for marketing, 68% was imported, 31% was of locally produced by the Luanda Refinery and 1% by Cabinda’s Cabgoc- Topping, says the summary of commercial activity in the oil byproducts market for the second quarter of 2023 presented by the Petroleum Regulatory Institute (IRDP).
According to the director-general of the IRDP, Luís Fernandes, the expenses of around 549 million US dollars with the import of 68% of fuel is expected to be reduced in the near future after the works of the refineries of Cabinda, Soyo (Zaire) and Lobito (Benguela) are completed.
Of the metric tonnes purchased for marketing 52% corresponds to diesel, 30% petrol, 10% ordoil fuel, 6% Jet A1, 1% each of illuminating oil and asphalt bitumen.
Market share
Regarding market share in sales volume, Sonangol maintains the lead with 63.5%, followed by Pumangol with 20.9%, Sonangalp 7.9% and TotalEnergies Marketing Angola with 7.7%.
The quantities of oil byproducts were commercialised at 872 service stations, of which 366 were white-flag private agents, representing 42% of the market share.
Sonangol appears with 320 petrol stations, holding 37% of the total number of petrol stations operating in the national market. NE/Amp/jmc
