Continental Focus, International Reach

Angola Considers Partial Listing for Sonangol

Sunday, October 14, 2018

The Angolan government is considering partially listing its oil and gas firm,Sonangol. The news follows recent comments by Diamantino Azevedo, the country’s Minister of Mineral Resources and Oil to local media outlets.

Azevedo was reported by state newspaper Jornal de Angolaasas saying that any partial listing would only occur after June 2019 when a restructuring of the company is complete.

The Sonangol restructure includes spinning off non-core assets and separating regulatory responsibilities from the company to form a new petroleum agency.


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