April 12, 2012 / 1:03 PM / 8 years ago

Zambia firm to build oil pipeline from Angola

* Pipeline to facilitate exports

* Refinery to produce 200,000 barrels/day

LUSAKA, April 12 (Reuters) - A Zambian registered company plans to build a pipeline from oil-rich Angola to Lusaka after a refinery is completed in Angola, Zambia’s investment promotion agency said on Thursday.

Zambia, Africa’s top copper producer, imports all its petroleum requirements, mainly from the Middle East, through the port of Dar-es-Salaam in Tanzania.

Basali Ba Liseli Resources will construct the multi-petroleum product pipeline and other ancillary infrastructure from the Sonaref refinery in Lobito, Angola, the agency said.

“The refinery is initially earmarked to refine 200,000 barrels of crude oil per day,” the agency said in a statement. It said 90 percent of the refined product would be consumed in Angola and other southern African countries.

Zambia’s sole 24,000 barrels-per-day Indeni refinery cannot process pure crude oil from Angola, according to Zambia’s energy regulator.

The first phase of the refinery project in Angola was expected to be commissioned by the end of 2013 or early 2014, the agency said.

Zambia’s investment promotion agency and Basali Ba Liseli Resources would on Friday sign an agreement to enable Zambia to effectively facilitate the project, it said.

Zambia’s new government apologised to Angola last year for backing the losing party in the country’s 27-year civil war as it tried to repair ties with its neighbour, sub-Saharan Africa’s second largest oil producer after Nigeria. (Reporting by Chris Mfula; editing by Ed Stoddard and Keiron Henderson)

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