Angola’s fuel sales volume in the second quarter reached 1.22 million metric tons, marking a 3% increase compared to the previous quarter, according to the Petroleum Derivatives Regulatory Institute (IRDP).
The report, released yesterday, highlights that state-owned Sonangol continues to dominate the market with a 62.3% share, followed by Puma Energy (21.9%).
The remaining 15.8% is divided among Sonangalp (7.2%), Total Energies Marketing Angola (6.6%), and Etu Energias (1.7%).
The data shows a significant 38% rise in cooking gas sales, with total domestic consumption reaching 139,560 metric tons.
Sonangol Gás e Energias Renováveis led this segment with a 71.9% market share, trailed by Saigás (14.1%), Progás (5.9%), Gastém (5.6%), and Canhongo Gas (2.6%).
During the quarter, $689 million was spent on acquiring 144,642 metric tons of liquid fuels, an 8% decrease compared to the previous quarter. Diesel accounted for 59.4% of the purchased fuel, while gasoline made up 22.2%.
Of the total fuel acquired, 63.8% was imported, while 35.4% was sourced from the Luanda Refinery. The quarter ended with 1,168 registered gas stations, of which 896 were operational.