Sonangol to begin selling assets in April
The sale of non-core assets is part of a attempt by the government of Angola to privatise key state assets including parts of Sonangol itself by 2022.
The sale of non-core assets is part of a attempt by the government of Angola to privatise key state assets including parts of Sonangol itself by 2022.
The onshore acquisition currently produces at a rate of approximately 700 bpd, generating gross annual revenues of approximately US$15 million.