Swedish company Eltel Networks Te AB will provide a power supply to Angola’s future oil refinery in the city of Lobito costing US$8 billion, according to the project’s manager, Jens Sjolin.

The Stockholm-based company will build a 250-kilometre power transmission line linking the Cambambe hydroelectric facility to the refinery, which will have capacity to process 200,000 barrels of oil per day.

Costing US$130 million the 220 kilovolt line will be the first to link the north and centre of Angola, Sjolin said, cited by the international press.

The transmission line, funded by a loan from Eltel Networks to Angola guaranteed by the Swedish government, will require construction of 641 pylons, the chairman said, adding that bureaucratic problems and difficulties with importing equipment had led to a delay of two years in implementing the project. (macauhub)