Tuesday, February 13, 2018

AIPN Talks Future of Angola Oil Market


An experienced professional working in the oil and gas industries, Sarah Moya Machado has served as an analyst for companies in Europe and South America. Active in her field, Sarah Moya Machado maintains membership in the Association of International Petroleum Negotiators (AIPN).

Last September, upwards of 150 oil and gas industry professionals attended an event sponsored by the Europe-Africa chapter of AIPN called “Back to the Future: Capitalizing on Angola’s World-Class Oil and Gas Assets” that was held in Luanda. Increased demand and lower prices have had a damaging effect on Angola, even though the country has plentiful oil deposits. There are still ways that the country can effectively leverage its natural resources, however, into a prosperous formula, and the event was held to brainstorm some of those possibilities.

Two discussion panels were held at the event. One focused on luring investors back to Angola and another was devoted to ways to more effectively monetize the country’s oil. AIPN considered the event a success based on how it was able to bring both industry and government to the table to talk about a shared vision for the country’s oil market and it may hold similar events in the future.