AngolaEconomy

Angola to cut production by 261,000 barrels of oil per day

In 2021, Angola should set the level of oil production at one million and 267 thousand barrels per day (mb / d), reducing 267 thousand barrels daily, according to an OPEC adjustment table, attached to the decisions of the meeting held on 3 December in Vienna…
AngolaEconomy

Currency expected to devalue more than 50% this year

The Oxford Economics consultancy on Tuesday said that Angola’s currency could depreciate more than 50% from last year’s value, which caused inflation to rise to the highest level since December 2017. “Mainly due to the fall in the price of oil this year…
AngolaEconomy

Angola's oil sales fell by almost half

Angola’s oil exports fell 48% in May from April, to 225 billion kwanzas, according to data from the Ministry of Finance cited by international news agencies. The value of oil exports went from 432.5 billion kwanzas (644 million euros) in April to 225.3 billion…
Economy

Oil production shows a slight fall in April

Angolan oil production was 40,555,174 barrels in April, or 1,351,839 million barrels per day, which represents a residual reduction of 0.33 percent, according to data from the National Oil, Gas and Biofuels (ANPG) sent to Jornal de Angola. In a statement on the evolution…