Intelligence

Angola's mining sector has enormous potential for growth and development and is one of the main pillars of the country's economy.

On November 20, 2024, Angola enacted Presidential Decree 8/24 on Oil & Gas Incremental Production ("Incremental Production Decree"). This legal statute creates a new special legal and tax

No passado dia 25 de Março, foi publicado o novo Regulamento das Actividades de Produção, Transporte, Distribuição e Comercialização de Energia Eléctrica, aprovado pelo Decreto Presidencialn.º 76/21 ("Regulamento PTDCEE").

A new Regulation for Energy Generation, Transmission, Distribution and Supply was approved in Angola on 25 March by way of Presidential Decree no. 76/21 ("EGTDS Regulation").

The Angolan government has created a new law that promotes local hiring in the oil and gas industry. The new law impacts contracts signed after October 20, 2020.

For a brief period in 2009, Angola was Africa's largest oil producer with production reaching 2 million barrels per day. Current production is around 1.37 million barrels per day.