Angola is China’s biggest oil supplier in August

29 September 2010

Beijing, China, 29 Sept – in August Angola was once again the biggest supplier of oil to China, overtaking Saudi Arabia, Beijing daily newspaper Global Times reported Tuesday, citing statistics from the Chinese Customs Bureau.

The paper said that, in August, Angola exported 3.99 million tons of oil to China, which accounted for “over 19 percent of total Chinese imports,” of oil.

Speaking to the Global Times, Angolan Industry Minister, Joaquim David, said that Angola’s production capacity could exceed 2 million barrels per day, which was more than the quota set by OPEC (Organisation of Petroleum Exporting Countries), but did not confirm if that was happening.

“We have, in fact, instructed the oil companies to respect the quota, but I cannot guarantee that they can do that,” David said.

Last week, a US news agency reported that Angola was producing an average of 1.9 million barrels of oil per day, which is more than the quota of 1.65 million set by OPEC. (macauhub)