Oil and Gas Agency assesses inland basins

  • Oil Platform
Luanda - The National Oil, Gas and Biofuels Agency (ANPG) is promoting several public tenders for the continuation of work to assess the oil potential of several inland basins, particularly in the Etosha/Okavango Basin.

According to a note from the ANPG, to which ANGOP had access this Tuesday, the assessment work complies with the guidelines established by the Government in the 2018-2022 National Development Plan for the oil sector, and in compliance with the Presidential Decree of 27 October 2020, which approved the 2020-2025 Angola Hydrocarbons Exploitation Strategy.

 

According to the ANPG's communiqué, the statement is the result of some imprecise interpretations in the national and international media and also in the social networks about the work to be carried out in the inland basins, particularly in the Etosha/Okavango Basin.

 

The note states that the inland basins of Kassanje, located in the provinces of Malange and Uige, and that of Etosha/Okavango, located in the provinces of Cunene, Cuando Cubango and Moxico, over a total area of about 520,000 square kilometres, are sedimentary basins in which there is a strong likelihood of crude oil and natural gas.

 

"Of the total area, only about 20 percent is located in protected areas, which means that it is incorrect and inappropriate to assume that the totality of the inland basins referred to for assessment of their oil potential are, in their entirety, protected environmental conservation areas", the note indicates.

According to a note from the ANPG, to which ANGOP had access this Tuesday, the assessment work complies with the guidelines established by the Government in the 2018-2022 National Development Plan for the oil sector, and in compliance with the Presidential Decree of 27 October 2020, which approved the 2020-2025 Angola Hydrocarbons Exploitation Strategy.

 

According to the ANPG's communiqué, the statement is the result of some imprecise interpretations in the national and international media and also in the social networks about the work to be carried out in the inland basins, particularly in the Etosha/Okavango Basin.

 

The note states that the inland basins of Kassanje, located in the provinces of Malange and Uige, and that of Etosha/Okavango, located in the provinces of Cunene, Cuando Cubango and Moxico, over a total area of about 520,000 square kilometres, are sedimentary basins in which there is a strong likelihood of crude oil and natural gas.

 

"Of the total area, only about 20 percent is located in protected areas, which means that it is incorrect and inappropriate to assume that the totality of the inland basins referred to for assessment of their oil potential are, in their entirety, protected environmental conservation areas", the note indicates.