Africa Oil & Gas: Angola is Africa’s second-largest oil producer last year

oil and gas MozambiqueAngola’s oil production in 2017 reached 1.640 million barrels per day according to secondary sources, a drop of 4.9% over 2016, when it rose to 1.725 million barrels per day, according to the bulletin of the Organization of Petroleum Exporting Countries (OPEC) for January.

Nigeria was ranked first in the list of Africa’s largest producers, producing 1.663 million barrels per day, compared to 1.556 million barrels per day in 2016.

Based on direct communication, Angola’s production fell by 5.22% to 1.632 million barrels per day, with Nigeria coming in second place on the list of the largest producers in Africa with a production of 1.516 million barrels per day, or an increase of 6.23%.

In December, Angola increased production by 44,800 barrels of oil per day, according to secondary sources, to 1.633 million barrels, but Nigeria increased its production by 75,700 barrels per day to reach 1.861 million barrels per day.

Based on direct communication, Angola’s output fell by 59,000 barrels a day to 1,548 million barrels a day, but Nigerian production rose 88,700 barrels per day to 1.636 million barrels per day. (source: Macauhub)

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