The son of Angola's veteran ex-president faced corruption charges before the country's supreme court in a trial which opened on Monday, state news agency ANGOP said, the most high-profile case yet under the government's anti-corruption drive.
Angola supports maintaining oil production curbs by OPEC and its allies, state news agency ANGOP quoted resources and petroleum minister Diamantino Azevedo as saying on Thursday, adding that he hoped to boost output next year.
OPEC oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, a Reuters survey found.
Angola expects to announce the
winners of its 2019 oil and gas licence auction round in April
as part of a multi-year plan to boost declining output, a senior
executive at the National Agency of Petroleum, Gas and Biofuels
(ANPG) said on Thursday.
Angola has formed a consortium
with five international oil companies including Eni and
Chevron to develop liquefied natural gas (LNG) for its
Soyo plant, the newly formed national oil, gas and biofuels
agency ANGP said.
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