Mozambique: State oil company, Nigerian group hope to build oil refinery

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Mozambique: State oil company, Nigerian group hope to build oil refinery

1:00 CAT | 07 May 2025

FILE - For illustration purposes only. [File photo: Lusa]

Mozambique’s state oil company, Petromoc, and Nigerian group Aiteo Eastern signed a memorandum of understanding on Wednesday to conduct a feasibility study for constructing a refinery in Mozambique.

The project aims to build a “modular refinery” with a processing capacity of 200,000 barrels of liquid fuel per day, as well as storage infrastructure, said Mozambique’s president, Daniel Chapo, moments after signing the document on the sidelines of the 11th Mozambique Mining and Energy Conference and Exhibition.

“This is a transformative project that will position Mozambique as a relevant player in the liquid fuel value chain, with a positive impact on job creation, especially for our youth,” said Daniel Chapo.

The refinery will produce gasoline, diesel, naphtha and “jet A1” with the ambition of conquering the regional market.

“These milestones reflect not only the robustness of our reserves, but above all the environment of credibility, security and reform that we are consolidating in attracting the private sector to boost our economy,” added Chapo.

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Between the 1960s and 1980s, Mozambique had one refinery: the National Petroleum Refining Company, an infrastructure located in the municipality of Matola that was built during the colonial era.

In addition to the domestic market, the refinery supplied the region and former territories of the Portuguese colonial regime, taking advantage of the country’s “privileged geographical location.”

Source: Lusa