AZOP TO BUILD PIPELINE FOR OIL INFRASTRUCTURE

The project to build a pipeline to transport oil derivatives from the Lobito refinery (Angola) to the Zambian capital, Lusaka, is still in the feasibility study phase, to approve this oil infrastructure.

The project known as the Angola/Zambia Oil Pipeline (AZOP) is also in a period of assessment of economic, technical, and environmental aspects, to make a final decision and define the investment to be applied, according to the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo.

Speaking to the press Thursday in Luanda, after his meeting today with Zambia’s Energy Minister, Peter Kapala, the Angolan minister said that “the two governments have not yet taken a final decision for construction of the Angola/Zambia oil pipeline,” which is in the phase of further feasibility studies.

As well as being designed for the two countries, the Angolan minister said that, if the pipeline is built, it could also cover countries that border Zambia.

At the time, Diamantino Azevedo pointed out the transport of oil derivatives, through a “Pipeline”, as a viable way to make the final product cheaper, compared to road transport, for example.

In his turn, the Zambian Energy Minister, Peter Kapala, said that, so far, the results achieved in the negotiations about AZOP are positive, taking into account the deepening of the feasibility studies done.