Ver Angola


Sonangol and Azule Energy sign agreement to promote decarbonization in Angola

The Angolan National Fuel Society (Sonangol) and Azule Energy signed a memorandum of understanding in Luanda to "boost decarbonization initiatives in the country and promote the use of clean energy".


"The main objectives that guide the signing of this memorandum include the identification of common interests in the decarbonization process, the establishment of a robust structure to evaluate possible points of collaboration and the exploration of opportunities for renewable energy projects such as solar and wind, low carbon businesses, blue hydrogen, and nature-based solutions, such as forest conservation and promoting the use of efficient stoves", reads the statement sent to Lusa.

According to the text, signed during the Angola Oil & Gas Conference, which takes place this week in Luanda, the announced partnership will also "carry out joint studies on taxes and credits on carbon emissions, and at the same time promote the existence of national legislation clearer and best practices in the sector".

Quoted in the statement, the CEO of Azule Energy, Adriano Mongini, stated that "the decarbonization process is part of Azule Energy's mission, with the aim of strengthening the national energy sector, at the same time as the country works to achieve carbon neutrality and other sustainable development objectives”.

Azule Energy is a company based in Angola and produces around 220 thousand barrels of oil, supporting Angola in the development of the energy sector and in its transition to cleaner sources, the statement also reads, which does not specify the terms of the memorandum.


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