CVI 0.00% 0.3¢ cvi energy corporation limited

Great chart Bungi;Hopefully off-shore and onshore can be added...

  1. 2,656 Posts.
    Great chart Bungi;

    Hopefully off-shore and onshore can be added soon.

    "However, Sonangol has stipulated that oil firms seeking to participate in offshore blocks 15, 17 and 18, whose licensing rounds begin this month, must become partners in the Lobito refinery, Abilio added.

    Increasing interest from energy companies in the planned Lobito refinery, which will be Angola's largest with a capacity to process 200,000 barrels daily, means the stalled project will be operational by 2010, he said."

    The above is a cut and paste from a 2007 article. I found the relationship with blocks 15,17 and 18 most interesting as these blocks are what we are looking at and the refinery is part of the Governements terms.

    Block 6 is shallow and comprises on-shore ? Could this be a suitable location for a refinery ?

    There is also pipleines currently traversing through these offshore blocks if you check the Sonangol website.

    Will be great if/when this becomes a reality.
 
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