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Angola
Lourenco blocks Sonangol from dipping into well abandonment funds

As an attempt to win oil majors back, Angolan president Joao Lourenco has cordoned off access to decommissioning funds, which Sonangol had been in the habit of using as its budgetary reserve. [...]

Published on 08/05/2018 at 04:30 GMT Reading time 2 minutes

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International Monetary Fund
Joao Lourenco
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Angola Lourenco blocks Sonangol from dipping into well abandonment funds

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Set up email notifications for these topics

Angola IMF pushes privatisations to combat threat of devaluation

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns, gold and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Angola
Lourenco blocks Sonangol from dipping into well abandonment funds

Angola
IMF pushes privatisations to combat threat of devaluation

Angola
Lourenco to trim local content rules, bowing to majors' demands

Angola
On oil & gas firms advice, Lourenco favours… oil & gas firms!

Angola
Statoil and ENI circle around Cobalt's blocks

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Why has Lourenco called on Dos Santos era pundits?