imageAngola | Presidential Legislative Decree No. 7/18, of 18 May 2018

Legal and tax regime applicable to activities related to natural gas

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Presidential Legislative Decree No. 7/18 of 18 May 2018 Law No. 10/04 of 12 November 2004, which approves the Petroleum Activities Law, provides that all liquid and gaseous hydrocarbon deposits in the available surface and submerged areas of the national territory, inland waters, the territorial sea, the exclusive economic area and the continental platform are part of the State public domain and, consequently, establishes that the mining rights for the exploration, research, evaluation, development and production of liquid and gaseous hydrocarbons are granted to the State Concessionaire, as holder of the mining rights;