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

Pays/Territoire
Angola
Type du document
Législation
Date
2019
Source
FAO, FAOLEX
Source d'origine
Diário da República, I Serie, No. 53.
Sujet
Ressources minérales
Mot clé
Hydrocarbures Procédures judiciaires/procédures administratives Concession
Aire géographique
Afrique, Afrique Centrale, Pays les moins avances, Atlantique Sud
Résumé

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.

Texte intégral
Anglais
Site web
www.legis-palop.org

Références - Législation

Amende

Law No. 10/04 regulating Petroleum Activities.

Législation | Angola | 2004

Mot clé: Hydrocarbures, Législation de base, Concession, Inspection

Source: FAO, FAOLEX