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Law No. 5/19 amending Law No. 10/04 on Petroleum Activities.

País/Territorio
Angola
Tipo de documento
Legislación
Fecha
2019
Fuente
FAO, FAOLEX
Fuente original
Diário da República, I Serie, No. 53.
Materia
Recursos minerales
Palabra clave
Hidrocarburos Procedimientos judiciales/procedimientos administrativos Concesión
Área geográphica
Africa, Africa Central, Países menos desarrollados, Atlántico Sur
Resumen

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.

Texto completo
Inglés
Página web
www.legis-palop.org

Referencias - Legislación

Enmienda

Law No. 10/04 regulating Petroleum Activities.

Legislación | Angola | 2004

Palabra clave: Hidrocarburos, Legislación básica, Concesión, Inspección

Fuente: FAO, FAOLEX