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Fri, 06 Oct 2017 18:08 - Updated Fri, 06 Oct 2017 18:07

Angola: Expert defends diversification in oil industry

Luanda - The diversification of the oil industry through the investment in its byproducts could contribute to the development of national economy, said Friday in Luanda, the engineer Geraldo Ramos.

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Oil Expert, Geraldo Ramos

Photo: Alberto Juliao

The engineer was speaking at the launch ceremony of three of his scientific works on oil engineering and the natural gas industry.

He said that the production of plastics, packaging, wires, among the oil byproducts, could help create new jobs.

Geraldo Ramos, who is also a university professor, added that betting on these subsectors help avoid the import of these products.

Despite the oil price slump, he said, there is a need to boost this sector through a work between the companies and Angola LNG, with focus on the other stages of oil production.

The book discusses the natural gas meant to encourage the government and companies to invest in the subsectors.

Tags Economy   Petróleos  

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