Angola Oil & Gas 2025 Highlights Natural Gas, Refining Expansion, and $60 Billion Investment Portfolio
Oil and gas continue to drive Angola’s economic development, taking center stage at Angola Oil & Gas (AOG) 2025, which kicks off Wednesday with more than 2,500 delegates from 40 countries.
Luis Conde, Director of the event—the largest industry conference in Angola—expressed optimism about the country’s energy strategy, emphasizing that Angola remains attractive to investors despite volatile crude prices.
“The drop in crude oil prices is an inherent challenge for the industry, but Angola is advancing with a clear strategy focused on natural gas and expanding refining capacity,” Conde told Lusa. “These projects help mitigate risks and sustain investor interest.”
Largest-Ever Edition Celebrates Angola’s Energy Milestones
This year’s AOG conference in Luanda is the largest edition to date, featuring an expanded exhibitor presence, international leaders, and a celebration of Angola’s 50th anniversary of independence and its oil industry, with President João Lourenço attending the opening session.
Energy Diversification at the Forefront
Conde highlighted that energy diversification is central to the agenda, focusing on four key areas:
Natural Gas – an immediate priority for Angola’s energy strategy
Domestic Refining – expanding local refining capacity
New Licensing Rounds – attracting foreign investment and developing reserves
Technological Innovation – promoting modern solutions across the oil and gas value chain
“Panels will cover the energy transition and local content development,” Conde added, noting that sustainable energy projects, including green hydrogen, will also be discussed, although oil remains a central pillar of Angola’s economy.
Conference Highlights and Investment Opportunities
Organized by Energy Capital & Power with support from the Ministry of Mineral Resources, Petroleum and Gas, AOG 2025 features:
78 confirmed companies, a 20% increase from 2024
Upstream investment portfolio valued at US$60 billion
Pre-conference programs, technical workshops, and an investment space to boost business opportunities
Sessions covering the entire oil and gas value chain, from upstream exploration and production to downstream refining, petrochemicals, and marketing
The conference also includes dedicated sessions on the new licensing round, energy transition, local content development, and sustainable energy initiatives, reflecting Angola’s strategy to broaden and modernize its energy sector.
