Ver Angola

Energy

Sonangol evaluates assets acquired from Puma Energy but guarantees to keep jobs

The flagship oil company is already evaluating the assets acquired from Puma Energy, in order to decide which ones will remain in its possession and which will be sold in a public tender. However, Sonangol assured that the jobs will be maintained.

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The information was provided by Joaquim Fernandes, executive director of Sonangol, who clarified that, in a first phase, the image of Pumangol will be maintained, as well as all jobs.

"In an initial phase, the Pumangol image will remain the same for the next two years, we will not change the image, it will remain and, in the same way, we will keep all the workers as they are", he said, in statements to the National Radio of Angola (RNA).

"The management of the Pumangol consortium will also remain as it is. The principle is not to directly associate the Pumangol group with the Sonangol group, since the primary objective and, because we avoid the principle of monopoly, these assets should be alienated," he added.

Regarding the assets to be sold, the official informed that, for the time being, the network of Pumangol's gas stations should be sold in a public tender: "Our proposal is that the gas stations are, in the future, sold based on a public tender ".

Still quoted by RNA, he also made it known that the intention is to keep the storage facilities within Sonangol's assets, "possibly with a different management, probably, it is not yet decided, in a joint venture", and "the same could happen with the bitumen plant, called Angobetumes".

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