AOG 2021: Angola’s Minister of State for Economic Coordination Promotes Investment and Localization

In his inauguration speech at Angola Oil and Gas (AOG) 2021 on Thursday, H.E. Manuel Nunes Junior, Angola’s Minister of State for Economic Coordination, emphasized Angola’s investment potential. The minister highlighted the government’s plan to accelerate growth in the Angolan energy industry through improved legislation that focuses on supporting and enhancing local businesses development.

He said “Our most important strategy in the energy industry continues to be human capital and the increased participation of local companies to supply products and services made in Angola to support the oil and gas sector. As we shift focus to energy transition efforts, we must implement investment initiatives that foster skills development that will drive the hydrocarbons industry into a cleaner and brighter future for Angola,” He said.

In 2020, the Angolan government approved new legislation focused on maximizing the benefits of the oil and gas industry value chain to promote local content – a task supervised by the Agência Nacional de Petróleos, Biocombustíveis e Gás (ANPG).

Organized by Energy Capital & Power, AOG 2021 is Angola’s premier energy event. The conference is fostering intense debates, providing valuable networking opportunities, and paving the way for a strong Angolan energy sector in a post-pandemic era by introducing potential investors to Angolan opportunities.

Source: Energycapitalpower

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