Decree No. 29/86 on the concession to the Angolan National Fuel Company (SONANGOL, U.E.E.) of oil and gas extraction and production activities.
Country
Type of law
Regulation
Abstract
This Decree, composed 24 articles and several annexes, regulates the concession to the Angolan National Fuel Company (SONANGOL, U.E.E.) of mining, research and production of oil and gas. In particular, it defines concession rights and obligations. Moreover, the Decree provides the detailed limits of the concession area. Finally, the Decree regulates Government’s right of purchasing the produced oil and the applicable fiscal regime.
Attached files
Date of text
Entry into force notes
This Decree enters into force on the date of its publication.
Repealed
No
Publication reference
Antonieta Coelho, Coetânea de legislação de recursos naturais, Luanda, 2002, Vol. II, pp. 784-828.
Source language
English
Legislation Amendment
No
Original title
Decreto n. 29/86 - Concede à Sociedade Nacional de Combustíveis de Angola, SONANGOL, U.E.E. os direitos mineiros de prospecção, pesquisas, desenvolvimento, e produção de hidrocarbonetos líquidos e gasosos.
Implements