Angola: Angola to be top ten oil producer by 2010, African Business reports

21 November 2008

Luanda, Angola, 21 Nov – Angola may become one of the ten biggest oil producers in the world by 2010, according to a report in the November edition of African Business magazine.

African Business reported that over the next four years Angola would add 1.165 million barrels to its current daily production of 2 million barrels.

The magazine said that in September 2009 a substantial increase in production would be apparent once the Tombua Landana field, in the Cabinda enclave, started producing oil, which by 2010 would reach a total of 100,000 barrels per day.

According to African Business, between 2009 and 2011, the oil fields of Tombua Landana, Negage, Pazflor, Block 31, Block 18, Kizomba D, Clov and Block 32 would start producing a total of some 1.165 million barrels per day.

Chevron, which operates the Tombua Landana and Negage fields, is to start producing 200,000 barrels per day in 2009, Total will produce 200,000 barrels per day at the Pazflor field in 2010 and in 2011 BP, Exxon and Total will produce a total of 630,000 barrels per day. (macauhub)

MACAUHUB FRENCH