The African Energy Chamber says it welcomed the talks between the Organisation of the Petroleum Exporting Countries and Angola on oil production.
The AEC said it wanted more collaboration as Angola and others will benefit from market stability.
In a recent statement, the chamber noted that such a dialogue was key for compliance with the OPEC global production cuts deal of April, to which all of OPEC’s African member countries have agreed to.
Angola’s support to global market stability and energy cooperation was significant, giving confidence to operators and future investors seeking to do business in Africa, the statement explained.
“In December 2018, OPEC Secretary General, Mohammed Sanusi Barkindo, made a historic visit to Angola and committed to working with its leadership to improve the industry and strengthen its relationship with OPEC.
“The OPEC-Africa dialogue has brought this relationship to a new level. African voices are heard and advocated for within the industry’s most influential institution, ensuring that the continent’s interests are represented,” stated NJ Ayuk, Executive Chairman at the African Energy Chamber.
Sergio Pugliese, President of the African Energy Chamber in Angola, assured that Angola “have always been” strong participants in the global energy dialogue between Africa and institutions such as OPEC.
He added, “Angola has public officials committed to making energy work for Africans, and to fighting energy poverty in Angola. Such a move makes our industry better for Africans and for investors.”
