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Angola Reaches 1.2 Million Barrels of Oil in a Single Day

Angola Reaches 1.2 Million Barrels of Oil in a Single Day

On 12 June Angola reached a production of 1.2 million barrels of oil, according to the National Oil, Gas and Biofuels Agency (ANPG).

Block 0, operated by Chevron, Block 17, operated by TotalEnergies, and Block 15, operated by ExxonMobil, essentially contributed to this increase in production, which is above the annual average of 1.06 billion barrels per day included in the 2024 General State Budget (GSB).

“This figure seems to support the forecasts of the International Energy Agency which, on the same day, announced in its annual report that in 2024 oil production in Angola will be above 1.10 million barrels of oil per day,” the national concessionaire said in a statement published on its website.

In 2023, the daily average was 1.12 million barrels of oil, compared to the forecast of 1.16 million.

This year, according to the latest monthly summary made available by the ANPG on its website for April, 32.2 million barrels were produced, corresponding to a daily average of 1.07 million barrels of oil.

Source: Lusa


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