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Presidential Decree No. 211/15 establishing terms and conditions applicable to the oil research activities within the Target Development Areas.

Country/Territory
Angola
Document type
Regulation
Date
2015
Source
FAO, FAOLEX
Original source
Diário da República, I Série, Número 164.
Subject
Energy, Mineral resources
Keyword
Oil Transport/storage Inspection Research Procedural matters Concession Zoning
Geographical area
Africa, Central Africa, Least Developed Countries, South Atlantic
Entry into force notes
This Presidential Decree enters into force on the day of its publication.
Abstract

This Presidential Decree, consisting of 6 articles and 1 Annex, establishes terms and conditions applicable to the oil exploitation activities within the Target Development Areas. It includes spaces whose studies show that there is potential for exploitation, to enable additional resources under a concession regime with a view to maximizing the production. This Presidential Decree applies to the Development Target Areas. Although, the Ministerial Department that oversees the oil industry on a proposal of the National Concessionaire, may refer the appreciation of the Government to include other areas as Target Development Areas, giving them the same benefits. The Annex specifies Target Development Areas; Prospects; and Oil in million/barrils "oil in place".

Full text
Portuguese
Website
www.legis-palop.org

References - Legislation

Implements

Law No. 10/04 regulating Petroleum Activities.

Legislation | Angola | 2004

Keyword: Oil, Basic legislation, Concession, Inspection

Source: FAO, FAOLEX

Decree No. 1/09 approving the Regulation on Oil exploitation.

Legislation | Angola | 2009

Keyword: Oil, Transport/storage, Inspection

Source: FAO, FAOLEX

Repealed by

Presidential Legislative Decree No. 5/18 establishing the Legal Regime on Additional Research Activities in the Areas of Development of Petroleum Concessions.

Legislation | Angola | 2018

Keyword: Oil, Inspection, Research, Procedural matters, Zoning, Concession

Source: FAO, FAOLEX