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Angola, Sierra Leone Sign Cooperation Agreement at Angola Oil & Gas (AOG) 2022

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  Angola s National Agency for Oil Gas and Biofuels ANPG and Sierra Leone s Petroleum Directorate signed a historic cooperation agreement at the Angola Oil amp Gas AOG 2022 Conference amp Exhibition http bit ly 3UyBCpP in Luanda on Tuesday with a view to establishing a shared commitment to promoting and intensifying collaboration across the oil and gas sector The MoU was signed by Paulino Jer nimo President of the ANPG and Foday Mansaray Director General of Sierra Leone s Petroleum Directorate The Memorandum of Understanding serves to outline opportunities for bilateral trade and investment position oil and gas cooperation as mutually beneficial economically technologically socially and environmentally for both countries and reaffirm stronger economic cultural and social ties between Angola and Sierra Leone As the largest oil producer http bit ly 3y1Mseo on the African continent Angola has been on a path of fostering pan African energy diplomacy executing diplomatic visits to and signing a series of cooperation agreements with new and existing hydrocarbon producers across the region These agreements have targeted policy alignment knowledge sharing and enhanced trade and investment across energy and non energy sectors like The MoU signed today signals new opportunities for bilateral cooperation across the trade energy and economic sectors between Angola and Sierra Leone We are proud to collaborate with the Petroleum Directorate and are excited for what lies ahead for both nations With this agreement we can enhance the very industries that will drive Africa into a new era of economic progress stated Jer nimo Sierra Leone http bit ly 3EOMlXh for its part is seeking to advance in its nascent oil and gas sector having launched a licensing round last May offering over 63 000 square kilometers of highly prospective acreage The West African country is home to a working petroleum system that was supported by small scale oil and gas discoveries before exploration was put on pause around 2015 2016 This partnership with Angola is of uttermost importance as it creates and broadens opportunities for Sierra Leone to significantly expand its burgeoning oil and gas industry on the back of cooperation and regional trade With recent discoveries in the country laying the foundation for robust sectoral growth Sierra Leone is optimistic that it can create a competitive energy market and this agreement serves to only enhance this agenda stated Mansaray One of the key components of the AOG 2022 http bit ly 3UZLFUs agenda which continues through Thursday as Angola s premier energy event and investment platform is exploring and advancing opportunities for regional synergies as the country confronts a national mandate to diversify its economy process more of its raw materials in country and increase trade with its neighbors
Angola, Sierra Leone Sign Cooperation Agreement at Angola Oil & Gas (AOG) 2022

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National Agenc

Angola’s National Agency for Oil, Gas and Biofuels (ANPG) and Sierra Leone’s Petroleum Directorate signed a historic cooperation agreement at the Angola Oil & Gas (AOG) 2022 Conference & Exhibition (http://bit.ly/3UyBCpP) in Luanda on Tuesday, with a view to establishing a shared commitment to promoting and intensifying collaboration across the oil and gas sector.

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Paulino Jer

The MoU was signed by Paulino Jerónimo, President of the ANPG, and Foday Mansaray, Director General of Sierra Leone’s Petroleum Directorate.

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Memorandum of Understanding

The Memorandum of Understanding serves to outline opportunities for bilateral trade and investment; position oil and gas cooperation as mutually beneficial economically, technologically, socially and environmentally for both countries; and reaffirm stronger economic, cultural and social ties between Angola and Sierra Leone.

As the largest oil producer (http://bit.ly/3y1Mseo) on the African continent, Angola has been on a path of fostering pan-African energy diplomacy, executing diplomatic visits to and signing a series of cooperation agreements with new and existing hydrocarbon producers across the region.

These agreements have targeted policy alignment, knowledge sharing and enhanced trade and investment across energy and non-energy sectors like.

Angola and Sierra Leone

“The MoU signed today signals new opportunities for bilateral cooperation across the trade, energy and economic sectors between Angola and Sierra Leone.

We are proud to collaborate with the Petroleum Directorate and are excited for what lies ahead for both nations.

With this agreement, we can enhance the very industries that will drive Africa into a new era of economic progress,” stated Jerónimo.

Sierra Leone

Sierra Leone (http://bit.ly/3EOMlXh) , for its part, is seeking to advance in its nascent oil and gas sector, having launched a licensing round last May, offering over 63,000 square kilometers of highly prospective acreage.

The West African country is home to a working petroleum system that was supported by small-scale oil and gas discoveries, before exploration was put on pause around 2015/2016.

Sierra Leone

“This partnership with Angola is of uttermost importance as it creates and broadens opportunities for Sierra Leone to significantly expand its burgeoning oil and gas industry on the back of cooperation and regional trade.

With recent discoveries in the country laying the foundation for robust sectoral growth, Sierra Leone is optimistic that it can create a competitive energy market, and this agreement serves to only enhance this agenda,” stated Mansaray.

One of the key components of the AOG 2022 (http://bit.ly/3UZLFUs) agenda – which continues through Thursday as Angola’s premier energy event and investment platform –  is exploring and advancing opportunities for regional synergies, as the country confronts a national mandate to diversify its economy, process more of its raw materials in-country and increase trade with its neighbors.

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