Feb 24, 2018 Posted by vieews in News

There isn’t an existing Legislation that governs the rights of companies to produce explore gas in Angola.

Angola map

Angola Map
Image Source: https://www.angolalng.com

Angola is second on the list as Africas crude producer. As at Friday, February 9th the legislation was in its final stages as stated by the Secretary of State of Oil Paulino Jeronimo.

The gas right Legislation would be passed by the end of this month by the executive arms of government. This new law gives oil majors the chance to commercialise gas discoveries, previously there was no existing legislation covering gas rights.

 

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