Sonangol takes over the management of the African Oil Forum

Sonangol takes over the management of the African Oil Forum

Sonangol took over, this Tuesday, the management of the African Petroleum Oil Forum, with the testimony of Nigeria, during the third meeting of the national oil companies of the African Petroleum Producers Organization (APPO), held in Luanda, on October 10, at the Intercontinental Hotel.


“We, African oil producing countries, have to follow our own agenda on the energy transition and not that of third parties. We must use mineral resources to help our countries improve the living conditions of our populations”, underlined the Secretary of State for Oil and Gas, José Barroso, as can be read in the Sonangol press release sent today to Jornal de Angola. The representative of the Minister of Mineral Resources, Oil and Gas also said that “it is urgent to use all the financial resources that come from oil, registering high prices, to diversify economies and reduce dependence on oil”, praising the adoption of a which calls for the need for participants to jointly contribute to the creation of an African agenda that leverages resources for the development of economies.

Sonangol’s CEO, Gaspar Martins, noted the importance of the meeting to strengthen the bonds of brotherhood, cooperation and collaboration, crucial in the process of creating the essential requirements for the sustainability, promotion and development of the energy industry, also highlighting the role organization for the materialization of Africa’s energy strategy.

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