Sonangol producing 100,000 barrels of oil per day

4 August 2006

Luanda, Angola, 04 Aug – The Angolan state oil company Sonangol achieved production of 100,000 barrels of oil per day this year, substantially more than the 7,000 barrels of oil per day when it started operations in 1976, a company official said Friday.

The director of the group’s Communication and Image Office, João Rosa Santos, told Angolan news agency Angop that the increase was a qualitative step forward and reflected the company’s investement in employee training.

Regarding new information technologies, the company has via its Mstelcom subsidiary acquired the most up-to-date products such as telecommunication systems with satellite data, fax and voice services.

Besides Mstelcom, the group has subsidiary companies in the areas of research and production, logistics, distribution and natural gas.

Other group companies include SGPS, Sonaship, SonAir, Essa, Sonangol Limited, Sonangol Usa, Sonangol Asia, Sonangol Cape Verde, and Sonangol São Tomé and Príncipe.