Tom Alweendo, Minister of Mines and Energy of Namibia, has been selected to participate in a ministerial panel discussion during the Angola Oil & Gas (AOG) conference, taking place October 2-3 in Luanda.
He will be joined by Diamantino Azevedo, Minister of Mineral Resources and Petroleum of Angola; Bruno Jean-Richard Itoua, Minister of Hydrocarbons of the Republic of Congo; and Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organisation.
AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil, and Gas; the national oil company Sonangol; the National Oil, Gas, and Biofuels Agency; the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute, the event is a platform to sign deals and advance Angola’s oil and gas industry.
As the second largest oil producer in sub-Saharan Africa, Angola is seeking inroads to regional markets, leveraging its position as a major supplier to strengthen trade and cross-border projects. Notably, Angola is working with Zambia to develop a $5 billion cross-border pipeline project—the Angola-Zambia Oil Pipeline. The proposed 1,400 km pipeline will transport Angolan crude from the Lobito refinery to Zambia’s capital city, Lusaka. Technical work for the pipeline was complete in April 2024.
Additionally, Angola and Namibia are pursuing collaborative opportunities in the oil and gas industry. In March 2024, Angola’s NOC Sonangol signed an agreement with its Namibian counterpart Namcor and the Namibian Ports Authority to develop an integrated logistics hub in Namibia. The hub will support new concessions and the development of recent offshore finds. Angola, as a major producer, stands to support Namibia as it accelerates the development of deepwater oil and gas.
Beyond existing collaborations, Angola is well positioned to work with its regional neighbours to advance fuel security across the regional market. Countries such as Angola and the Republic of the Congo, which exported its first cargo from the Congo LNG project this year, stand to play an important part in meeting regional demand.
As Angola strives to enhance regional petroleum exports through increased production, the country is on track to redefine a new era of regional relations. The AOG 2024 ministerial panel will delve into the impact ongoing projects in Angola will have on regional supply chains, with speakers drawing insight into regional trade and future areas of collaboration.