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Sonangol Looks to Secure $4.8b Loan From China for Sea Port Refinery

ports_congestion UTC: 2026-02-25 19:37:54

Angola's state oil company Sonangol is talking to Chinese financial institutions to secure a $4.8 billion loan to partly finance the construction of a new refinery in the Atlantic sea port of Lobito, it said on Wednesday.The financing, if completed…

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