ANGOLA'S OIL PRODUCTION DOWN TO 1.3 MBD

ENERDATA - 25 Jan 2021 - According to Angola’s National Oil and Gas Agency, the country’s oil production declined by 15% to 1.3 mb/d in 2020. Gas production reached 31 bcm in 2020 (85 mcm/d). Almost 5% of the natural gas production was flared in 2020. In 2020, over 61% of the total oil production came from deep water projects (20% from ultra-deep water and 17% from shallow waters). The blocks 17 and 32, operated by Total's Angolan affiliate TEPA, accounted for 46% of the country’s oil production and for nearly 23% of the gas production, while the Chevron-operated blocks 0 and 14 accounted for 19% of the total oil production and for nearly 45% of the domestic gas production.

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Earlier:

2020, February, 21, 15:20:00 ENI FIND ANGOLA'S OIL Eni upped its resource estimate at its Angolan offshore field Agogo by over 40% English

2020, February, 10, 10:05:00 ANGOLA NEED EXPLORATION Angola's crude output has fallen from a peak of 1.9 million b/d in 2010 to 1.4 million b/d currently English

2019, June, 13, 15:45:00 IMF TO ANGOLA $1.24 BLN Angola’s three-year extended arrangement was approved by the IMF Executive Board on December 7, 2018, in the amount of SDR 2.673 billion (about US$3.7 billion at the time of approval), the equivalent of 361 percent of Angola’s quota English