National Agency For Oil, Gas And Biofuels

Author:PLMJ Team
Profession:PLMJ
 
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Presidential Decree No. 49/19, of 6 February 2019, was recently enacted, approving the creation of the National Agency for Petroleum, Gas and Biofuels of Angola and its Organic Statute.

National Agency for Petroleum, Gas and Biofuels («ANP») assumes the role of National Concessionaire, a role bestowed up until now to Sonangol, E.P., thus generating a revolution in the Angolan oil & gas sector. To be noted Presidential Decree No. 15/19 of 9 January 2019, which approved the new Statute of Sonangol E.P., had already referred the creation of the ANP and the transfer of the National Concessionaire role. Having said this, only with the enactment of Presidential Decree No. 49/19 and therefore the official creation of the new National Concessionaire is the legal regime harmonized.

The ANP is responsible for, among other: implementing the necessary actions for awarding and managing oil and gas contracts; implementing the national petroleum policy; to promote tenders for concessions and to...

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