VOL. NO: 48      DATE:
 

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AFRICAN ECHO BUSINESS NEWS
Complied by Cass Gilroy-Business Editor

Angola to reuse five billion tonnes of gas per year

Angola's Prime Minister, Fernando da Piedade Dias dos Santos has announced that the Angola-Natural Liquefied Gas (NLG) Project will reutilise about five billion tones of gas, in its first phase. The Angolan Premier made this announcement at the opening of a workshop on the implementation of the Kyoto Protocol and Clean Development Mechanism which will, for three days, discuss issues concerning national biodiversity. 

Mr. dos Santos said that the project is a strategy of the Angolan government for a total development of oil by-products, avoiding its waste and at the same time reducing the emission in the atmosphere, a key component in global warming. 

Angola, Sub-Saharan Africa's second biggest oil producer, defends a sustainable development and will do everything for the compliance of the millennium goals. 

The Prime Minister said that the exploitation of gas will not only enable the increase of the supply of this product to the population, but will also reduce the pressure on the country's forests, which are currently domestic energy sources. Among those attending the meeting will be senior staff of several ministries, representatives of Luanda, Cabinda, Zaire and Kwanza Sul Governments, as well as officials from corporate companies and national banks.

 

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