Page 12 - AfrOil Week 08 2021
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AfrOil                                            POLICY                                               AfrOil



                         This is a positive development, since Nigeria’s   economic benefits from this policy.”
                         hydrocarbon sector has not always benefited   Abubakar is a member of the right-lean-
                         from the government’s management practices.  ing People’s Democratic Party (PDP), one of
                           He reiterated his call for full privatisation   Nigeria’s two main political factions. He served
                         of the oil-refining business, saying that Abuja   as vice-president from 1999 to 2007, work-
                         ought to take this step sooner rather than later.   ing under President Olosegun Obasanjo. He
                         Additionally, he argued for making the sell-offs   was also appointed as the head of the National
                         “as transparent as possible, as that is the only   Council on Privatisation (NCP), which Oba-
                         way to ensure that Nigeria reaps the greatest   sanjo established in mid-1999. ™


       Angolan MPs give green light to




       exploration work in onshore basins






            ANGOLA       MEMBERS of Angola’s National Assembly have   Gas and Biofuels (ANPG) divulged its plans for
                         voted to lift a ban on oil and gas exploration in   exploration of these onshore areas earlier this
                         two environmentally sensitive onshore basins.  month.
                           Legislators took this step last week, after   The agency has called a limited public tender
                         President João Lourenço suggested amending   inviting domestic contractors to bid for the right
                         the relevant laws to permit exploration work   to study the environmental impact of the pro-
                         to go forward in the Kassanje and Etosha/Oka-  ject and subsequent restoration and restocking
                         vango basins. This proposal has stirred up some   efforts in the Kassanje and Etosha/Okavango
                         controversy, as some of the areas that will be   basins. ™
                         opened up for exploration lie within protected
                         national reserves.
                           According to Petroleum and Mineral
                         Resources Minister Diamantino Azevedo, the
                         change is not expected to have a major envi-
                         ronmental impact on the basins, as exploration
                         activities will only be carried out in a relatively
                         small area.
                           The amendment opens up no more than 5%
                         of the land area of these basins to exploration,
                         and future drilling sites are not likely to account
                         for 3% of the total, he stated.
                           Azevedo also pointed out that Angola would
                         not be the first country to permit exploration
                         and drilling in protected areas. Gabon, Norway
                         and the US have done the same, he said, adding:
                         “What we’re doing is not unheard of.”
                           He went on to say that exploration had the
                         potential to benefit these protected areas, as
                         well as local communities within the Kassanje
                         and Etosha/Okavango basins. If commercial
                         reserves of oil or gas are found, they can generate
                         revenues for local use, he told legislators.
                           Eufrazina Paiva, an environmental activist
                         based in Luanda, has been critical of the govern-
                         ment’s plans for exploring the onshore basins.
                         She was quoted by the Bloomberg agency as say-
                         ing last week that moving forward with explora-
                         tion might cause Angola to violate international
                         agreements, since it uses donor funding to cover
                         the cost of habitat protection campaigns.
                           Minister of Social Communications Nuno
                         Caldas Albino has said, though, that the gov-
                         ernment intends to uphold its commitment to
                         the protection of sensitive habitats.
                           Angola’s National Agency for Petroleum,   Exploration will target the Kassanje and Etosha/Okavango basins (Image: Sonangol)



       P12                                      www. NEWSBASE .com                       Week 08   24•February•2021
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