Africa Oil & Gas: Angola becomes continent’s main oil producer

Oilwill-peak-oil-save-planet_44
Angola surpass Nigeria on Oil production

Angolan oil production increased again in April, overtaking Nigeria, according to secondary sources, said the monthly report on the oil market of the Organization of Petroleum Exporting Countries (OPEC).

Based on these sources, Angola’s daily output increased in April compared to March by 17,800 barrels of oil to reach 1.788 million barrels, while Nigerian production dropped by 56,800 barrels to 1.637 million barrels.

However, according to direct communication, production in Angola dropped by 49,000 barrels per day to 1.733 million barrels, while Nigerian production increased by 282,800 barrels to 1.787 million, according to the same report .

On Monday, Nigeria’s oil minister reported that oil production in the country had fallen nearly 40 percent to 1.4 million barrels per day due to terrorist attacks against oil exploration facilities in the Delta region.

Minister Emmanuel Ibe Kachikwu said the government would try to resolve the situation in that area of the country and recalled the amnesty signed in 2009 by President Muhammadu Buhari.  (source: macauhub/AO)

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.