Ver Angola


Luanda and Malabo relaunch oil cooperation

The Secretary of State for Mines and Hydrocarbons of the Republic of Equatorial Guinea, Santiago Nsuga, was received in audience by his Angolan counterpart, José Barroso, this Monday at the headquarters of the National Agency for Oil, Gas and Biofuels (ANPG), in Luanda. , within the scope of closer cooperation ties between the two countries.


Santiago Nsuga was flanked by the ambassador of his country accredited in Angola, Marcos Ondo, and by the director general of Mines, José Vila, says a statement sent to VerAngola.

The meeting takes place at a time when Angola and Equatorial Guinea are still investigating the impact of the coronavirus pandemic (Covid-19) and the implications of the drop in the price of a barrel of oil on the global market, as members of OPEC (Organization of the Countries Oil Producers).

The national oil industry has a history dating back to the years 1900-1910, added to the experience of the Non-Liquefied Gas Project (Angola LNG), in the province of Zaire, with a capacity of 5.2 million tons per year, which is why an important source of exchange for Equatorial Guinea, an oil and gas producer that already has established relations with Cameroon, Nigeria and São Tomé and Príncipe.

The agenda includes the relaunch of agreements that will cover the sectors of staff training, production, exploration and marketing of hydrocarbons, aiming to convert natural resources into development and well-being of the populations.

It should be remembered that ANPG has the bidding process for blocks in the period 2019-2025 underway and sees the exchange of information with its counterparts in Africa as an important way of strengthening the continent's position in the global context.

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