Paulino Jerónimo Gets a Second Term as Head of Angola’s Petroleum Regulator - Africa’s premier report on the oil, gas and energy landscape.

Paulino Jerónimo Gets a Second Term as Head of Angola’s Petroleum Regulator

Angolan President João Lourenço, declared the term of office of the Board of Directors of the National Oil, Gas and Biofuels Agency (ANPG) to be over.

The Presidential Decree signed on February 19, 2024 affected Paulino Fernando de Carvalho Jerónimo, president of the Board of Directors; César Paxi Pedro, administrator;  Nataxa Alexandre Tavares Ferreira Monteiro Massano, administrator; Gerson Henda Baptista Afonso dos Santos, administrator.

In the same Decree, President Lourenço appointed:  Paulino Fernando de Carvalho Jerónimo, president of the Board of Directors; Artur Manuel Custódio, administrator; Ana Rosa da Costa Nhanga Miala, administrator; Nicola Isabel dos Santos Lemos de Mvuayi, administrator and  Alcides Fernandes Mendes de Andrade, administrator.

ANPG was set up on February 6, 2019, as National Concessionaire, separate from Sonangol, the state hydrocarbon firm, which had, in the four decades prior, played both commercial and regulatory roles in the country’s hydrocarbon industry.

On its fifth anniversary, ANPG touted its credentials as having boosted investment in the oil sector in Angola considerably between 2022 and 2023. “ANPG data points to growth of 96%”, the regulator claimed, arguing that it also “actively contributed to mitigating the decline in oil production in the country and to the relaunch of new production”.

ANPG claimed that its efforts bolstered Local Content as it implemented policies and actions aimed at developing human capital and social responsibility. The regulator boasted that it pushed  bidding for new concessions and encouraged investment in exploration activity through the 2020-2025 exploration strategy. It also, by its own telling, led “development of joint efforts to decarbonize oil operations and boost renewable energy with a focus on biofuels;; creating conditions for maintaining investors who were already present in Angola and for the entry of new ones; establishing closer relationships with all partners, particularly investors”.

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