Law No. 5/19 amending Law No. 10/04 on Petroleum Activities. Country/Territory Angola Document type Legislation Date 2019 Source FAO, FAOLEX Original source Diário da República, I Serie, No. 53. Subject Mineral resources Keyword Oil Legal proceedings/administrative proceedings Concession Geographical area Africa, Central Africa, Least Developed Countries, South Atlantic Abstract This Law amends Law No. 10/04 on Petroleum Activities. Articles 4, 16 and 44 of the Law of Petroleum Activities establish new administrative and legal proceedings and are replaced by the following: Principle of exclusivity of the National Oil and Gas Concessionaire which will hold the mining rights. The National Fuel Company of Angola, Public Company (SONANGOL-E.P) enjoys the rights in the transmissions referred to in No. 1, when they are not affiliated to the transferring . The Angolan National Society of Fuels, Public Company (SONANGOL-EP) enjoys rights in the award of a competitive interest of up to 20% and in the adjudication of the quality of operator in situations of production in the oil fields, which achieve the end of the production period by demonstrating technical and financial capacity, in accordance with practices internationally accepted by the Oil industry. Allocation of concession and associate status of the National Concessionaire. Full text English Website www.legis-palop.org References - Legislation Amends Law No. 10/04 regulating Petroleum Activities. Legislation | Angola | 2004 Keyword: Oil, Basic legislation, Concession, Inspection Source: FAO, FAOLEX