"The growth of the oil industry is transferred to the Angolan economy and encourages diversification, mainly in industries and agriculture, and we need to take into account the aspects of energy transformation", said Bráulio de Brito in an interview with Lusa, the week in the Angola Oil & Gas conference is taking place.
Asked about the desire to diversify the economy, moving it away from dependence on oil and gas, and the growing environmental concerns, on the one hand, and the need to maintain oil exploration to finance the energy transition, on the other, Bráulio de Brito stated that the two things are not incompatible.
"The big question is not just looking at metrics at an international level, but looking at how we produce more, and efficiently, taking into account the impact that our industry can have on the environment, and promoting more environmentally friendly production techniques environment", defended the manager.
The president of AECIPA also considered that “the diversification and economic growth of countries based on the production and export of oil can only happen if it continues to be produced in a clean way”.
"The Angolan economy will continue to be supported, to a large extent, by the oil industry, and this great financial strength that this industry brings to the country can and should, and has been, transformed into the various projects that the Angolan government is establishing" to guarantee economic diversification, pointed out the president of Tradinter, an Angolan service provider company.
The conference, he considered, will be "a platform for reflection on the Angolan and African oil industry".
“The strategy for developing and implementing local content should be discussed in terms of human, employment and professional development of the Angolan technician, technology and greater appetite for investment in Angola, as there continues to be interest from foreign multinationals coming to Angola to explore,” he said.
The Angola Oil & Gas Conference takes place at the Talatona Convention Center on Wednesday and Thursday and is considered "Angola's main event for the oil and gas sector, with the support of the Ministry of Natural Resources, Petroleum and Gás, Sonangol, the African Energy Chamber and the Petroleum Derivatives Regulatory Institute.
With the theme 'Boosting Exploration and Development Towards Increased Production in Angola', the conference brings together the sector's entire value chain to debate the way forward for the industry, reads the conference website, which reminds that Last year, more than 2,200 delegates from 41 countries were received and seven agreements were signed.