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Thu, 24 Oct 2019 11:22 - Updated Thu, 24 Oct 2019 11:22

Angola and Russia agreement reinforces gas supply

Sochi - Angola and Russia are to sign this Thursday, in Sochi, a private business agreement on gas supply, announced in this Russian city the minister of Mineral Resources and Oil, Diamantino Azevedo.

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A gas plant

Photo: Vieira Aspirante

Talking to the press concerning the participation of the country in the Russia – Africa Business Forum, which closes this Thursday, the official  advanced that although it is private, the project will have the support of the Angolan government authorities.

He clarified that it is not directly an agreement in the oil domain, adding that the specific terms related to the legal instruments will soon be known.  

Besides the private business agreement, Angola and Russia have planned to sign during this forum important documents in other sectors.

Both countries have great intervention in various sectors of cooperation, although the volume of business is currently reduced, if compared to the Soviet era. 

The military cooperation is still one the deepest and strongest between the two states. Until the present moment, Russia is one of the most strategic partners of Angola in the military domain, due to its historic role in colonial war and after the African country’s independence.

The Angolan authorities expect to strengthen the military and technical cooperation Russia.

However, the cooperation has been extended to other sectors, such as mining industry.

Russia is present in the diamond exploitation project known as Catoca Mining Society (in the eastern Luanda Sul Province), the world’s 4th largest kimberlito in open-air. The European country is responsible for the prospecting of more than 60 percent of the Angolan diamond.

The Russian government and businessperson are also present in the financial sector, particularly through the VTB Africa Bank, and cooperate in the education field as well.

Currently, around 1,800 Angolans are studying in the Russian Federation, doing under graduate and postgraduate courses in technical and professional areas, such as construction, engineering, education and medicine.

The cooperation among the two countries regarding education allowed the sending of more than 20,000 Angolan students for secondary schoolling, graduate and postgraduate courses.

In the first visit that the Angolan Head of State made to Russia, in April this year, the Angolan President stressed the willingness to continue having cooperation, openness and availability from Russia so that the Angolan youth can attend the best Russian educational institutions, including the military schools.

Tags Angola  

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