01.03.2023 International Comparative Legal Guides • Claudia Santos Cruz, Bruno Xavier de Pina • Global Legal Group
ICLG to Oil & Gas Regulation 2023 - Angola
Claudia Santos Cruz and Bruno Xavier de Pina signed the Mozambique chapter of the guide "ICLG to Oil & Gas Regulation 2023", a publication of the Global Legal Group.
"Angola has around 300 billion cubic metres of proven natural gas reserves (information available on the 2022 Annual Statistical Bulletin of the Organization of the Petroleum Exporting Countries (“2021 Annual Bulletin”)). Historically, most of the natural gas was re-injected into oil fields (“Jazigos Petrolíferos”) to help recovery, or simply flared off as a by-product of oil operations.
The first exportation of LNG took place in June 2013.
Some of the major players in the sector have announced their plans to start exporting non-associated natural gas in 2025."