Angola is experiencing a resurgence in its oil and gas sector, with over $60 billion in investment commitments aimed at expanding energy production and infrastructure. Alcides Andrade, Executive Administrator of the National Agency for Petroleum, Gas and Biofuels (ANPG), announced the investments during CERAWeek in Houston.
Angola’s strategy focuses on agility, flexibility, and pragmatism to maintain competitiveness. The ANPG has streamlined its licensing process, reducing response times from years to under 30 days, and is implementing a regulatory framework to attract private sector investment.
Angola has launched four licensing rounds in the past five years, offering 40 blocks, and is set to commence gas production at its second non-associated gas project in 2025. The country has maintained production above 1.1 million barrels per day and achieved a 60% reduction in gas flaring over the past 15 years.
Key investment opportunities in Angola’s energy sector will be showcased at the African Energy Week (AEW): Invest in African Energies, scheduled for September 29 – October 3, 2025, in Cape Town.
Source: African Mining Marke
