Angola Plans to Disassemble NOC Sonangol
Angola’s finance minister, Vera Daves de Sousa, has announced plans to start partial disposal of the national oil company (NOC) Sonangol by the end of 2021 or early 2022.
Angola’s finance minister, Vera Daves de Sousa, has announced plans to start partial disposal of the national oil company (NOC) Sonangol by the end of 2021 or early 2022.
The Angolan state oil company, Sonangol, has reached a final investment decision (FID) for the construction of the Cabinda oil refinery in Angola.
Sonangol stated that it targets to increase the production capacity to 230,000 b/d.
Iraq is increasing crude oil production from its Qayara oil field with a target of 60,000 b/d before 2019, the field was nonoperating until 2017 as it was occupied by IS insurgents.