Decree-Law No. 5/01 regulating Oil concessions to SONANGOL-E.P.

Subject

Mineral resources

Keyword

Concession Mining Exploration Oil Environmental planning Tax/levy Authorization/permit Management/conservation Use restrictions

Geographical area

Africa, Central Africa, Least Developed Countries

Entry into force notes

This Decree-Law enters into force on the date of its publication.

Abstract

This Decree is composed of 15 articles and several Annexes. It regulates the concession to the National Fuel Company of Angola (Sonangol, E.P.) of rights for mining, exploration, research, development and liquid and gas fuels within the area defined in Annex A. The Decree-Law defines the concessionary’s rights and obligations and regulates the participation of foreign companies in exploration activities. Particular attention is paid to the regulation of guaranties regarding national fuel consump

Full text

Portuguese

Website

www.angolalegal.com

References - Legislation

Implements

Law No. 13/78 on Petroleum Activities.

Legislation | Angola | 1978 | Repealed

Keyword: Basic legislation, Concession, Energy conservation/energy production, Inspection, Legal proceedings/administrative proceedings, Natural gas, Oil, Policy/planning, Transport/storage

Source: FAO, FAOLEX