Angola's Sonangol plans to take direct stake in Portuguese group Galp Energia
Angolan oil company Sonangol plans to take a direct stake in the shareholder structure of Portuguese group Galp Energia, the company's chief executive Manuel Vicente said in Luanda as part of the celebration of Sonangol's 35th anniversary.
The Angolan government continues to promote development of the oil and gas sector as it is considered to be a catalyst for diversification of the economy, the Angolan Oil Minister, Botelho de Vasconcelos said Thursday in Luanda.