In a recent conference held in the capital city of Angola, the Governor of the National Bank, Jose de Lima Massano, drew attention to the importance of the oil and gas industry for the country's economic growth. The 4th edition of the Angola Oil & Gas Conference and Exhibition 2023 (AOG2023) saw industry experts, business leaders, and government officials coming together to discuss the future of Angola's energy sector. In his keynote address, Massano emphasized the significant role that the oil and gas industry plays in the economy of Angola and the need to attract foreign investment to boost the sector.
1. The Governor of the National Bank, Jose de Lima Massano, highlighted the importance of the oil and gas industry for Angola's economic growth.
2. The Angola Oil & Gas Conference and Exhibition 2023 brought together industry experts, business leaders, and government officials to discuss the future of Angola's energy sector.
3. Massano emphasized the need to attract foreign investment to boost the oil and gas sector in Angola.
4. He stressed the importance of investing in the country's oil and gas sector for sustainable growth and economic development.
5. Massano discussed the government's commitment to creating a conducive business environment, ensuring transparency, and implementing effective regulatory frameworks to attract international companies and maximize the sector's potential.
The oil and gas industry accounts for over 90% of Angola's export earnings.
importance of investing in the country's oil and gas sector for sustainable growth and economic development. He emphasized the need for attracting foreign direct investment, fostering technological advancements, and promoting local content participation. Massano further discussed the government's commitment to creating a conducive business environment, ensuring transparency, and implementing effective regulatory frameworks to attract international companies and maximize the sector's potential. He also highlighted Angola's vast energy resources, providing opportunities for partnerships and collaborations that would drive the country's energy transition and contribute to global energy security.