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Sonangol Group

The Sonangol Group is an Angolan oil and gas parastatal. It was established in 1976 and has its headquarters in Luanda. The group consists of Sonangol EP and its numerous subsidiaries, which mostly have Sonangol as their primary client.In 2010 Angola had proved oil reserves of 9.5 billion BBLs, according to figures from the Oil and Gas Journal. It is Africa’s second largest oil producer.