Angola is Africa’s largest crude oil exporter, but the country has limited refining capacity. That – along with buoyant domestic growth – triggers frequent shortages in clean petroleum products.
DT trades crude and petroleum products with Angola’s State energy company Sonangol. We trade gasoline, gasoil, jet fuel, bitumen and some naphtha.
We deal directly with Trafigura and benefit from its global reach. Responsibility for sourcing and risk management remains with its specialist trading desks.
Flexibility was a key requirement when the trading tender was awarded. Sourcing product through Trafigura allows us to respond rapidly to trading requests.
In Angola, Trafigura Group businesses have developed infrastructure and logistics that support our trading activities. Puma Energy retails our imported gasoline at more than 60 service stations. Much of the gasoil we sell is used for bunkers and delivered by DT-owned, Puma-operated barges.
We have built strong trading relationships in the bitumen market by offering an integrated service. Our specialist vessels supply bitumen to Puma Energy storage facilities in Luanda and Lobito. Puma’s bitumen distribution network in Angola has so far built 6,000 kilometres of road.