Angola Cooperation Export FDI Gas Mining Oil

Angola, US discuss oil and gas cooperation

Angolan minister of Mineral Resources, Oil and Gas Diamantino de Azevedo analysed the reforms in Angola and the strategic dialogue on mining and oil.

This was during a 45-minute telephone conversation with Francis Fannon, the Assistant Secretary for Bureau of Energy Resources (ENR) at the U.S Department.

The two officials also analysed the oil global market, amid covid-19 impact, the reforms in the sector of mineral resources, oil and US investment opportunities in mining and oil in Angola.

During the talk, held under the request by the American side, the parties analysed the participation of US companies in mining and oil sector projects and the re-launch of the strategic dialogue on energy between the countries.

Also read: Angola Oil and Gas tender extended for 45 days

The two countries, which signed a strategic partnership agreement in 2010, cooperate in various domains, with stress to trade, finance, energy, processing industry, security, health and justice.

Angola exports oil and diamond to the United States, while Angola buys from the American country food, equipment for oil sector and various machinery.

The United States has recently expressed its support for Angola in its effort to fight corruption.

Source: Angop

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