Angola’s petroleum derivatives market acquired approximately 1,316,697 metric tons (MT) of fuel for commercialization in the fourth quarter of 2024.
Of this total, 60% was diesel, 27% gasoline, 5.3% fuel oil, 5.2% Jet A1, 1% asphalt bitumen, and 0.8% illuminating kerosene.
These figures were presented on Thursday by Luís Fernandes, Director-General of the Petroleum Derivatives Regulatory Institute (IRDP), during a review meeting on sector activities.
He noted that liquid fuel acquisitions came from the Luanda Refinery (24%), Cabgoc – Topping de Cabinda (1%), and imports (76%), amounting to approximately $756 million. This represents a 2% decrease compared to the previous year.
The domestic market received around 1,401.85 MT of liquefied petroleum gas (LPG), with 68% supplied by Angola LNG, 24% by Sanha, 6% by the Luanda Refinery, and 2% by Topping de Cabinda. This marked a 15% increase from the previous quarter.
Lubricants sales in the local market totaled 7,673 MT, reflecting a 21% decline compared to the previous quarter.
In Q4 2024, IRDP issued 119 licenses—69 new and 50 renewals. Additionally, 135 inspections were conducted at various facilities, and 509 import licenses for petroleum products were granted, including 240 for commercialization and 269 for self-consumption.
As for fuel stations, Angola recorded a 0.3% increase in operational sites by the end of 2024, reaching 912 stations nationwide.
