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Botswana in talks to take 30% stake in Angola’s $6.6bn Lobito oil refinery

Summary by intellinews.com
If Gaborone secures a 30% stake in the Angolan refinery, its proportional share would equate to around 60,000 bpd of refining capacity, roughly twice Botswana's current level of consumption.

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intellinews.com broke the news in Berlin, Germany on Tuesday, March 31, 2026.
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