The OPEC-Angola discussions that took place last week is a major pillar of the strong dialogue and cooperation between OPEC and African producing nations.\u00a0 The Chamber welcomes these discussions and encourages more collaboration as Angola and others will benefit from market stability.<\/p>\n
Such a dialogue is key for compliance with the OPEC global production cuts deal of April, to which all of OPEC\u2019s African member countries have agreed to. Angola\u2019s support to global market stability and energy cooperation is significant, and gives confidence to operators and future investors seeking to do business in Africa.<\/p>\n
\u201cIn December 2018, OPEC Secretary General Mohammed Sanusi Barkindo made a historic visit to Angola and committed to working with its leadership to improve the industry and strengthen its relationship with OPEC. The OPEC-Africa dialogue has brought this relationship to a new level. African voices are heard and advocated for within the industry\u2019s most influential institution, ensuring that the continent\u2019s interests are represented,\u201d stated NJ Ayuk, Executive Chairman at the African Energy Chamber.<\/p>\n
\u201cThe Government of Angola, and the country\u2019s Ministry of Mineral Resources and Petroleum have always been strong participants in the global energy dialogue between Africa and institutions such as OPEC. Angola has public officials committed to making energy work for Africans, and to fighting energy poverty in Angola. Such move makes our industry better for Africans and for investors,\u201d declared Sergio Pugliese, President of the African Energy Chamber in Angola.<\/p>\n
Under the leadership of His Excellency President Jo\u00e3o Louren\u00e7o and his Minister of Minister of Mineral Resources and Petroleum H.E. Diamantino Azevedo, Angola has embarked on a set of bold and market-driven reforms for over two years now. The country is becoming increasingly competitive for regional and international investors and has sent strong signals of its openness to investments, commitment to local content development and determination to fight corruption.<\/p>\n","protected":false},"excerpt":{"rendered":"