Angolan oil production to total 1.85 million barrels of per day by end of year

31 May 2007

Malanje, Angola, 31 May – The Angolan oil sector by the end of 2007 expects to be producing 1.85 million barrels of oil per day, against a current level of 1.4 million per day, an official from the Oil Ministry cited by Angolan news agency Angop said in Malanje Wednesday.

The official said that, with an increase in production, the Angolan government had the immediate aim of building, in Benguela province, a new refinery with a processing capacity of 200,000 barrels per day, in order to supply refined products to the national and international markets.

In order to increase production, several actions are underway in the Baixo Congo Basin, due to commercial strikes over the last ten years.

In bloc 17, the most notable strike was in the Rosa field, production of which is expected to begin in the second half of the year.

The oil sector is being analyzed at the II Forum of Angolan Staff, which is taking place until June 1, with the aim of promoting dialogue between the several generations of national staff serving the oil sector. (macauhub)