Angola: short-cycle oil gains but gas travails?
The country’s government may have different upstream development priorities to IOCs, with particular impact on the gas sector
Angola is keen to build up its domestic gas and power sector, as well as to reverse recent oil production declines. But while oil remains the mainstay of the country’s upstream, domestic gas schemes may struggle to attract the investment available for large-scale African LNG export projects. Angolan energy regulator the ANPG has identified 51 opportunities “in development areas” to evaluate and drill by 2025, as it continues its efforts to revitalise the country’s upstream sector. The regulator says it is also promoting additional legal reforms to incentivise renewed exploration. Angola sees gas as part of its development agenda and is keen to increase domestic use. State gas company Sonagas

Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.