Angola oil production reaches 1.78 million barrels per day in December 2012

16 January 2013

In December 2012 Angola’s oil production totalled a daily average of 1.78 million barrels, which is slightly lower than the target set by the government of 1.8 million barrels per day, according to Angolan weekly newspaper Expansão.

Although Angolan production last year ranged between 1.65 and 1.75 million barrels per day, the State Budget for 2013 outlines daily production of 2 million barrels per day.

Expansão said that it would be difficult to meet that target and cited Oil Minister Botelho de Vasconcelos, as saying that, “to achieve 2 million barrels we will have to work more and more.” (macauhub)