Phase I plans a modular refinery in Soyo with a processing capacity of more than 20,000 barrels per day; the planned expansion could raise total capacity to about 110,000 barrels per day.

After the signing, representatives of Transafrica and Sonangol display the agreement at Sonangol headquarters in Luanda.

On 12 November 2026, Transafrica Fund I, managed by Singapore-based Transafrica Capital, and Sonangol's refining and petrochemicals company (Sonangol Refinação e Petroquímica, SRP) signed a Principles Agreement at Sonangol headquarters in Luanda to jointly develop the Zaire Petrochemical Project (Projecto Petroquímico do Zaire). The signing ceremony took place the day after Angola celebrated the 51st anniversary of its independence.

The agreement was signed by Joaquim Kiteculo, Executive Director of Sonangol's refining company (Sonaref), on behalf of Sonangol, and by Roman Cheung on behalf of Transafrica. Angola's Secretary of State for Oil and Gas, José Alexandre Barroso, the Chairman of the Board of Sonangol, Sebastião Gaspar Martins, and Sonangol executive directors Belarmino Chitangueleca, Baltazar Miguel and Osvaldo Inácio attended the ceremony.

Phase I plans the construction of a modular refinery in the municipality of Soyo, Zaire Province, to process Angolan crude oil and produce diesel, gasoline and liquefied petroleum gas (LPG), with priority given to the domestic market. The project aims to help Angola reduce its dependence on imported fuels.

Fuels for the domestic market

Diesel and gasoline will meet the AFRI-5 standard, with sulphur content not exceeding 50 ppm. Whether ethanol is blended into gasoline will depend on the results of technical studies and on the progress of the sugar, ethanol and energy project that Transafrica is advancing in Angola.

Project development

Using modular construction, the main units can be prefabricated in the factory while civil works are carried out on site in Soyo. The indicative construction period is about 18 months, counted from the final investment decision. The engineering, procurement and construction (EPC) contractor will be selected through a public tender. The Phase I investment is in the range of hundreds of millions of US dollars; the exact amount will be determined after the feasibility study and the tender are completed.

According to Transafrica, companies of the China National Petroleum Corporation (CNPC) group provided technical support for project planning during the preparatory phase. The agreement continues the partnership between Transafrica and Sonangol, which previously worked together to develop the Marina Talatona residential complex (Condomínio Marina Talatona) in Luanda.

100 scholarships to develop Angolan talent

Transafrica has proposed to Sonangol the joint establishment of a talent training programme and has expressed its willingness to fund 100 scholarships. The scholarships are open to young Angolan university graduates, who will receive training in China in the design, construction and management of petrochemical projects. Transafrica also plans to give priority to recruiting and training Angolan professionals throughout the project.

Expansion and industrial integration

Phase II plans to raise total refining capacity to about 110,000 barrels per day, with research focused on the deep conversion of heavy residues; the specific configuration will be determined jointly with Sonangol. Supporting infrastructure under study includes a marine terminal, oil pipelines, and water and power supply networks. The Phase II investment is in the range of billions of US dollars, depending on the feasibility study, the relevant approvals and the final investment decision.

The long-term vision is to work with Sonangol to turn Soyo into an integrated petrochemical industrial park, taking Singapore's Jurong Island as a reference. The core of this model is that industrial units within the park share infrastructure, and the products of one unit can serve as feedstock for another.

Project data

20,000+ bbl/day Design capacity of the Phase I modular refinery	About 18 months Construction period Indicative timeline, counted from the final investment decision	Hundreds of millions US$ · Phase I investment range Exact amount to be set after the feasibility study and tender
About 110,000 bbl/day Total capacity after the Phase II expansion	Billions US$ · Phase II investment range Subject to the feasibility study, approvals and final investment decision	100 scholarships Training programme proposed by Transafrica to Sonangol

During a break in the ceremony, participants talk at Sonangol headquarters in Luanda.

The Transafrica and Sonangol delegations pose for a photo after the ceremony.

Ceremony photos

Roman Cheung (left), on behalf of Transafrica, and Joaquim Kiteculo, on behalf of Sonangol, sign the Zaire Petrochemical Project agreement.

Representatives of all parties and guests in a group photo at Sonangol headquarters.

CHNIESE VERSION:

经济 / 能源

Transafrica 与 Sonangol 签署扎伊尔石化项目协议

一期拟在索约建设一座日处理能力超过 2 万桶的模块化炼厂；规划中的扩建可将总产能提升至约 11 万桶/天。

签约后，Transafrica 与 Sonangol 代表在罗安达 Sonangol 总部展示协议文本。

2026 年 11 月 12 日，由总部位于新加坡的 Transafrica Capital 管理的 Transafrica Fund I，与 Sonangol 炼化公司（Sonangol Refinação e Petroquímica，SRP）在罗安达 Sonangol 总部签署原则协议，共同开发扎伊尔石化项目（Projecto Petroquímico do Zaire）。签约仪式在安哥拉庆祝独立 51 周年的次日举行。

协议由 Joaquim Kiteculo 代表 Sonangol、Roman Cheung 代表 Transafrica 签署。安哥拉石油天然气国务秘书 José Alexandre Barroso、Sonangol 董事会主席 Sebastião Gaspar Martins，以及 Sonangol 执行董事 Belarmino Chitangueleca、Baltazar Miguel 和 Osvaldo Inácio 出席了签约仪式。

一期计划在扎伊尔省索约市建设一座模块化炼厂，加工安哥拉原油，生产柴油、汽油和液化石油气（LPG），优先供应国内市场。项目旨在帮助安哥拉减少对进口燃料的依赖。

供应国内市场的燃料

柴油和汽油将符合国际标准。汽油中是否掺混乙醇，将取决于技术研究结果，以及 Transafrica 正在安哥拉推进的糖、乙醇及能源项目的进展。

项目推进

采用模块化建设方式，主要装置可在工厂预制，同时在索约现场开展土建施工。指示性建设工期约 18 个月，自最终投资决策起算。工程设计、采购和施工（EPC）承包商将通过公开招标选定。一期投资在数亿美元量级，具体金额将在可行性研究和招标完成后确定。

据 Transafrica 介绍，中国石油旗下企业在前期阶段为项目规划提供了技术支持。本协议延续了 Transafrica 与 Sonangol 的合作关系——双方此前曾合作投资近3.7亿美元罗安达的 Marina Talatona 住宅区（Condomínio Marina Talatona）。

100 个奖学金名额，培养安哥拉人才

Transafrica 向 Sonangol 提议共同设立一项人才培训计划，并表示愿意资助 100 个奖学金名额。奖学金面向安哥拉青年大学毕业生，赴中国接受石化项目设计、建设和管理方面的培训。Transafrica 还计划在项目全过程中优先招聘和培养安哥拉专业人才。

扩建与产业一体化

二期计划将总炼油能力提升至约 11 万桶/天，研究方向为重质渣油的深度加工，具体配置将与 Sonangol 共同确定。拟研究的配套基础设施包括海运码头、输油管道以及供水和供电网络。二期投资在数十亿美元量级，取决于可行性研究、相关审批及最终投资决策。

长远愿景是与 Sonangol 携手，以新加坡裕廊岛为参照，把索约打造成一体化石化工业园。这一模式的核心是园区内各工业装置共享基础设施，一个装置的产品可作为另一个装置的原料。

项目数据

20,000+ 桶/天 一期模块化炼厂设计产能	约 18 个月 建设期 指示性工期，自最终投资决策起算	数亿美元 一期投资量级 具体金额待可研及招标后确定
约 110,000 桶/天 二期扩建后的总产能	数十亿美元 二期投资量级 取决于可研、审批及最终投资决策	100 个奖学金名额 Transafrica 向 Sonangol 提议的培训计划

仪式间隙，与会者在罗安达 Sonangol 总部交谈。

仪式结束后，Transafrica 与 Sonangol 代表团合影。

仪式图片

Roman Cheung（左）代表 Transafrica、Joaquim Kiteculo 代表 Sonangol 签署扎伊尔石化项目协议。

各方代表及嘉宾在 Sonangol 总部合影。