  Angola is the second largest oil producing country in Sub-Saharan Africa and an OPEC member with output of approximately 1.55 million barrels of oil per day (bpd) and an estimated 17.904,5 million cubic feet of natural gas production. The country holds 9 billion barrels of proven oil resources and 11 trillion cubic feet of proven natural gas reserves, which represent great potential to foster economic development and significant business opportunities.
The oil industry in Angola is dominated by the upstream sector – exploration and production of offshore crude oil and natural gas. Almost 75 percent of the present oil production comes from off-shore fields.
The Government of Angola introduced legal reforms, restructured the state oil company Sonangol and created the National Agency for Petroleum and Gas in response to stalled investments in 2014 as oil prices dropped significantly and foreign currencies remained limited. The intent is to make the sector more attractive to investments and to contribute to the sustainability and growth of the oil industry in Angola.
Although the country is a leading producer in the region, it currently imports 80 percent of its demand for refined petroleum products, including gasoline, diesel, aviation fuel, Jet B for gas turbines, oil fuel, asphalt and lubricants. Only 20 percent of refined products are sourced locally.
The refining of crude oil and distribution of refined oil remains well below domestic demand. To reduce the country’s dependence on imported refined petroleum, the Government of Angola has plans for the construction of national refineries. To learn more about Angola's oil and gas sector, click here.
U.S. Commercial Service Angola Webpage | Contact the U.S. Embassy Energy Specialist in Luanda
At the 19th edition of Discover Global Markets business forum, the U.S. Commercial Service will help U.S. firms access oil and gas, renewable energy, electricity infrastructure, construction, engineering and transportation sectors in the Middle East and Africa!
Strong government investment plans and growing populations are creating new energy opportunities for U.S. exporters across the Middle East and Africa. New refinery projects are planned, and the region’s top markets are focusing on natural gas and clean energy projects to meet power needs.
Top 3 Reasons You Can't Miss Discover Global Markets
- Strategize one-on-one with 20+ U.S. Commercial Diplomats from Africa and the Middle East
- Meet with international buyers and government officials, as well as U.S. primes seeking suppliers for their projects
- Network with diplomats, expert presenters, international buyers and fellow exporters
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or visit http://tiny.cc/DGMMEA
We can't wait to see you in Houston!
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Indo-Pacific LNG Supply & Gas Infrastructure Reverse Trade Mission (RTM) Business Briefing, June 21, 2019, Houston, TX
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Egypt Petroleum Ports Development RTM Business Briefing, July 10, 2019, Houston, TX
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Hydrovision, July 23-25, 2019, Portland, OR
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AMCHAM Mongolia Trade Mission, August 23-26, 2019, Ulaanbaatar, Mongolia
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Smarter E South America, August 27–29, 2019, São Paulo, Brazil, brings together the following events:
- Intersolar South America – South America’s Largest Exhibition and Conference for the Solar Industry
- ees South America – South America’s New Hot Spot for Batteries & Energy Storage Systems
- Eletrotec + EM-Power – The premier exhibition for electrical infrastructure and energy management and
- Power2Drive South America – a special exhibition within ees for charging infrastructure and e-mobility
U.S. Pavilion Flyer
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Green Expo, September 2-5, 2019, Mexico City, Mexico
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Offshore Europe, September 3-6, 2019, Aberdeen, Scotland
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Gastech, September 17-19, 2019, Houston, TX
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International Atomic Energy Agency (IAEA)U.S. Program Trade Mission – September 15-18, 2019, Vienna, Austria
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Solar Power International, September 23-26, 2019, Salt Lake City, UT - Showtime and B2B are open!
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Discover Global Markets: Powering and Building the Middle East and Africa, September 30-October 2, 2019, Houston, TX, Program Flyer.
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LAGCOE, October 9-11, 2019, New Orleans, LA
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Energy Storage North America, November 5-7, 2019, San Diego, CA
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European Utility Week | Power-Gen Europe, November 12-14, 2019, Paris, France
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Power-Gen International 2019, November 19-21, 2019, New Orleans, LA
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DISTRIBUTECH International, January 28-30, 2020, San Antonio, TX
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Future Energy Asia, February 12-14, 2020, Bangkok, Thailand
DIRECT LINE: Exploring Opportunities in Ghana's Power Sector - Hosted by U.S. Ambassador to Ghana
Stephanie Sullivan
Webinar Details: Tuesday, June 18 @ 10:00 (EDT) | June 18 @ 14:00 (Accra Time) Register here.
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GHANA Grid Company - Supply of Ground/Station Service Transformers and Metallic Aerial Self-supporting Optical Fiber Cable and Accessories
The Ghana Grid Company Limited invites sealed tenders for the supply of goods per the details attached. Deadline: July 10. For more information, contact Rita Adubra-Asante.
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URUGUAY: U.S. Lithium-ion Battery Energy Storage System
The U.S. Embassy in Montevideo, Uruguay received an inquiry from a firm that is interested establishing contact with U.S. lithium-ion battery energy storage system vendors to supply systems to the commercial & industrial (C&I) and residential energy storage to the Uruguayan market. For the specs and more information, contact Victoria Gunderson.
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IRAQ: Call for Expression of Interest (EOI) for Solar Energy Independent Power Producer Projects
The Ministry of Electricity is pleased to invite local, regional and international Independent Power Producers (“IPP”) to submit Expressions of Interest (“EOI”) to embark into a proposed reverse auctioning round for seven (7) greenfield solar PV IPP projects (each a “Project”) with a potential combined capacity of 755 MWp. EOI Deadline: June 30, 2019. For more information, click here or contact Fred Aziz, U.S. Embassy Jordan.
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URUGUAY: Renovation and Modernization of the Salto Grande Dam
The binational hydroelectric plant of Salto Grande is a dam and hydroelectric power station located in the middle course of the Uruguay River, about 15 km north of the cities of Salto and Concordia. This plant supplies 43% of Uruguay’s electric demand and 5% of Argentina’s demand. This is a bi-national project between Argentina and Uruguay, to renovate Salto Grande’s dam according to the new energy generation requirements and to digitize processes and machinery control. It will be developed in three stages, during the next 30 years. Today they launched stage 1 for the period 2019-2023. Total amount of the project: 80 million USD, which already has the financing from IDB. They will have 14 different requested products, including infrastructure, machinery and consultancy services (see chart below). There will be 43 different tenders to be published from now onward. Please contact Alicia Machado at U.S. Embassy Montevideo for more information or click here and here - both documents in Spanish.
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MALAYSIA: Tender for 500 MW of Solar Projects in Peninsular Malaysia
Malaysia’s Minister of Energy, Science, Technology, Environment and Climate Change
(MESTECC) has announced a tender for the project Large Scale Solar (LSS) 3 is the third round of the country’s procurement program for large-scale PV. The project, comprising solar parks ranging in size from 1-100 MW and the tender process will be finalized by the end of 2019, while bids will have to be submitted by August this year. More information.
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BANGLADESH: Heavy Fuel Oil (HFO)
Tetrahedron, Inc. is looking to buy Heavy Fuel Oil (HFO). Quantity can be as high as 500,000 tons/year. Specification of the product are: Parameters Test Method *Limit Value Density, max, at 15 deg Centigrade ASTM D4052 991 kg/m3 Viscosity, max, at 50 deg. centigrade ASTM D445 180 cSt Water, vol%, max. ASTM D95 0.50% Flash Point, min. ASTM D93 660 C Pour Point, max. ASTM D97 240 C Sulpher, mass %,max ASTM D4294 3.50% Total Sediment, mass %,max IP 375-11 0.10% Sodium, max IP 501-05 30 mg/kg Ash, mass%, max ASTM D482-13 0.10% Vanadium, max IP 501-05 200mg/kg Aluminium + Silicon IP 501-05 80 mg/kg Carbon Residue, mass%, max ASTM D5291-10 16% Ashphaltens, mass%, max 14% CCAI, max 860 Calcium, max 30 mg/kg LHV [Kj/Kg] min ASTM D240-14 39,000 Hydrogen Content ASTM D5291-10 Mass % Report 10.5 Zinc 15 mg/kg Phosphorus 15 mg/kg *Above value are to measured as per applicable standard test method. 1. Specification of the product to match the required specification. 2. Price both FOB and CIF (Chittagong, Bangladesh) 3. Country of Origin. Deadline: July 31, 2019. For more information, contact Danielle Caltabiano.
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Millennium Development Authority (MiDA) Ghana Compacts
- 4 Primary Substations Interconnecting Circuits (Phase 1) June 2019
- Bulk Supply Point at Kasoa June 2019
- 3 Primary Substations (Phase 2) September 2019
- 3 Primary Substations Interconnecting Circuits (Phase 2) October 2019
- ERP Implementation June 2019
Energy Resource Governance Initiative (ERGI)
Increasing demand for renewable energy, electric vehicles, and battery storage technologies will create unprecedented demand for energy resource minerals. Energy Resource Governance Initiative (ERGI) is a U.S. Department of State, Bureau of Energy Resources (ENR)-led effort designed to promote sound mining sector governance and resilient energy mineral supply chains. Through this initiative, ENR will engage countries to advance governance principles, share best practices, and encourage a level playing field. ERGI will also promote resilient and secure energy resource mineral supply chains.
ERGI will focus on three strategic objectives:
- Engage resource-rich countries on responsible energy minerals governance. Demand for critical energy minerals could increase almost 1000 percent by 2050, straining the capacity of many countries to increase supply.
- Support resilient supply chains. Over 80 percent of the global supply chain of rare earth elements, important minerals for electric vehicles and wind turbine components, is controlled by one country. Other minerals have similar supply constraints. Reliance on any one source increases the risk of supply disruptions.
- Meet the expected demand for clean energy technologies. Global investment in mineral-intensive renewable power generation and battery storage technologies continues to outpace investment in fossil fuel power generation by over 100 percent annually.
For more information, click here.
The Global Energy Team of the U.S. Commercial Service is dedicated to enhancing the global competitiveness of the U.S. energy industry, expanding market access, and increasing exports. To learn more about you how you can receive assistance in finding market intelligence, developing your export strategy, connecting with international buyers, or support at trade events, contact your Local Trade Specialists in one of our 100 U.S. Export Assistance Centers around the U.S. Visit our Energy webpage.
Questions about the Energy Update: Contact Danielle Caltabiano.
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