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Head of State recommends increasing oil and gas production

     Politics              
  • Luanda • Thursday, 16 May de 2024 | 12h38
Presidente da República, João Lourenço
Presidente da República, João Lourenço
Pedro Parente-ANGOP

Luanda - President João Lourenço recommended today in Luanda to the reappointed Board of Directors of the public oil company Sonangol the increase in oil and natural gas production, since Angola is no longer part of the Organization Petroleum Exporting Countries (OPEC).

The Angolan Head of State spoke during the inauguration ceremony of the Board of Directors of Sonangol, the Secretaries of State for Farming, Forestry and Industry.

According to President João Lourenço, a gas consortium was formed and changes were introduced to legislation to encourage gas production, so that Angola goes from being a major producer and exporter of oil to a major producer and exporter of natural gas.

To achieve this goal, continued the statesman, the sector has important infrastructures and others in the construction phase, such as the Lobito Refinery and the Barra do Dande Ocean Terminal, which must be completed in a timely manner, as they are very important for the national economy.

On the other hand, João Lourenço also recommended Sonangol's transition from oil and gas producer to energy producer, as the planet is crying out for renewable energy sources.

To the sworn-in Secretaries of State the President wished a good performance in the roles for which they were appointed.

The members of Sonangol's Board of Directors are Sebastião Pai Querido Gaspar Martins (C.E.O), executive directors Belarmino Emílio Chitangueleca, Baltazar Agostinho Gonçalves Miguel, Jorge Barros Vinhas, Olga Lukocheka da Silva Sabalo Miranda, Kátia Mariana Siliveli Epalanga Lutucuta and Osvaldo Inácio.

It also includes non-executive directors Lopo Fortunato Ferreira do Nascimento, Bernarda Gonçalves Martins, Augusto Teixeira de Matos and André de Jesus Moda.

On Tuesday (14), João Lourenço appointed Castro Paulino Camarada as Secretary of State for Farming, João Manuel Bartolomeu da Cunha as Secretary of State for Forests and Carlos Manuel de Carvalho Rodrigues as Secretary of State for Industry.

MR/ART/CF/jmc





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