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Angola expects to boost oil production

Angola expects to boost oil production

Angola said Thursday it expects to boost its oil production next year to around 2 million barrels a day.
According to a government statement, Cabinet ministers a day earlier approved a 2009 budget based on a projected oil production of 779 million barrels. That's about 2 millions barrels a day. OPEC puts Angola's current daily production at about 1.69 million barrels.
Angola joined OPEC in 2007, making it the newest member of the cartel. This year, Angola overtook Saudi Arabia as the leading source of crude oil for China


Updated : 2021-10-26 10:29 GMT+08:00