Angola’s Sonangol in refinery talks with Total, BP, ENI

Sonangol board member Anabela Fonseca told reporters in Luanda.
“We have begun discussions with Total, with BP and with ENI,” Fonseca said, adding that talks were most advanced with ENI, which had proposed the inclusion of its new patented refining technology.
Despite this, Fonseca said: “A partnership with BP or Total has not yet been discounted. Total has in its possession all the studies we have done and is in the process of evaluating them.”
Sonangol would hold 50 percent of the new facility, with the other half held by one or more partners, Fonseca added during the oil company’s annual results press conference.
Total previously held a 55 percent stake in Luanda’s refinery which it sold to Sonangol in 2007. —  AFP.