Gemcorp’s recent investment in Partnership with Sonangol in the Cabinda Oil Refinery

06 November 2020 • Luanda, Angola

“Imagine if Angola would serve its own local demand, and even become an exporter rather than an importer of higher margined refined products?”

In a recent comment piece, Gemcorp CEO Atanas Bostandjiev discusses the importance of ensuring that countries like Angola can capture the full value of their oil reserves and natural resources to support economic growth and independence.

The piece explains the rationale behind Gemcorp’s recent investment in partnership with Sonangol in the Cabinda Oil Refinery, which is being built using the latest U.S. technology and stringent ESG standards.

Read the full piece in Jornal de Angola here (in Portuguese):

Tag: angola
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