Legislative Presidential Decree 8/23 of 20 October, defining additional incentives applicable to Block 20/11 Concession Area and approving the amendment of the Crude Oil Limit for the Cost Recovery of Block 20/11

by | May 24, 2024 | Cost Recovery, Permits and Licences

The present Decree approves the amendment of the Crude Oil Limit for the Cost Recovery of Block 20/11, contained in the Production Sharing Agreement signed between the National Concessionaire and Block 20/11 Contractor Group, approved by Presidential Decree 303/11, of 15 December.

O presente Diploma aprova a alteração do Limite de Petróleo Bruto para a Recuperação de Custos do Bloco 20/11, constante do Contrato de Partilha de Produção celebrado entre a Concessionária Nacional e o Grupo Empreiteiro do Bloco 20/11, aprovado pelo Decreto Presidencial n.º 303/11, de 15 de Dezembro.

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Source: Diário da República (Órgão Oficial da República de Angola)

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