Luanda, Republic of Angola
African Petroleum Producers Organization (APPO)
The African Petroleum Producers Organization (APPO) (formerly called the African Petroleum Producers’ Association, APPA) was established on January 27, 1987 in Lagos, Federal Republic of Nigeria, to serve as a platform for cooperation and harmonization of efforts, collaboration, sharing of knowledge and expertise among African oil-producing countries.
The first meeting of this group including four countries took place in Libreville, Gabon, in October 1984. Thereafter, consultations were made with other oil-producing Non-OPEC African states to bring them into the fold. And in June 1985 in Brioni, (former Yugoslavia) another meeting was held. It was in Brioni that the leaders formally decided to found the Association. Following that important decision, Libreville hosted the first formal meeting of representatives of the founding Countries to draft the Association’s Statute in April 1986.
Today, APPO’s membership has grown from eight (8) in 1987 to fifteen (15) (Algeria, Angola, Benin, Cameroon, Chad, Congo, DR Congo, Côte d’Ivoire, Egypt, Equatorial Guinea, Gabon, Libya, Niger, Nigeria and South Africa).
CAPE is a triennial initiative of the African Petroleum Producers Organization (APPO) which is mission is to promote cooperation among Member Countries and other global institutions in various sectors of the hydrocarbon industry: commercial, scientific, technical, technological, legal, fiscal as well as in the field of human resources. CAPE I started in 2003 and the last edition happened in 2019.
THE GOVERNMENT OF ANGOLA PLAYS HOST TO CAPE VIII
Angola is an active member of APPO that is hosting CAPE for the first time and will use the event to showcase its oil and gas investment and partnership opportunities, rich culture, and warm hospitality of the people.
The President of the APPO Council of Ministers for the period 2022-2023, His Excellency Diamantino Pedro Azevedo, Minister of Mineral Resources, Petroleum & Gas, Republic of Angola, remarked “The conference is a gathering of national, regional, and international energy, oil and gas industry experts to deliberate on the challenges and opportunities of energy transition and the future of oil and gas industry in Africa. I am therefore using this medium to confirm my endorsement and support for the event and personally invite all the industry stakeholders and partners in Angola, Africa and internationally to CAPEVIII”
Angola’s resources are considerable. There are large reserves of petroleum and natural gas, concentrated in the maritime zones of the Cabinda exclave and the Congo River estuary. Production is largely concentrated off the coast of Cabinda, although there is some onshore production near Soyo and Luanda, and prospecting extends as far south as Kuanza Sul.
Angola has become one of the largest exporters of petroleum in sub-Saharan Africa and has also benefited from a combination of favourable geologic conditions, a high rate of exploration success, and relatively low operating costs.
Angola is a country with a great potential wealth of mineral resources. It is estimated that its subsoil is home to 35 of the 45 most important in world trade, diamonds, phosphates, bituminous substances, iron, copper, manganese, gold, phosphates, uranium, feldspar, and platinum.
Angola’s hydroelectric potential is one of the largest in Africa. Most electricity comes from dams on the Cuanza, Cunene, Catumbela, and Dande rivers, at points where they breach the escarpment to reach the coastal plain.
NATIONAL OIL, GAS AND BIOFUELS AGENCY (ANPG)
The National Oil, Gas and Biofuels Agency, ANPG, was created in 2019 as a result of the reorganisation programme for the oil sector in Angola. Among the actions taken to restructure the sector, the transfer of the Concessionaire function, previously held by Sonangol E.P., to the newly created Agency was approved, in order to ensure greater policy coordination, increase the efficiency of processes and create conditions for private investment activities in the national oil industry.
The ANPG became the National Concessionaire with the specific attributions of regulating, supervising and promoting the execution of petroleum activities in the field of operations and contracting in the oil, gas and biofuels sector.
The management team has been working on the transition of the Concessionaire function with the support of MIREMPET and the creation of a stable and coherent Strategic Plan that meets the objectives defined by the Executive for the sector and for ANPG.