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Angola will produce 2M bbl/day of oil next year or in 2015, meeting a target it had planned to...

Angola will produce 2M bbl/day of oil next year or in 2015, meeting a target it had planned to reach in 2013, the country’s oil minister says. Production this year has averaged 1.75M bbl/day while reserves are now ~12.78B barrels, which could rise as the country starts to explore pre-salt reserves in an area stretching 1,100 km. Among companies operating in Angola: BP, XOM, CVX, TOT.
Comments (4)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Thats a lot of oil for that small country....can we say corruption will be rampant
    10 Jul 2013, 02:35 PM Reply Like
  • Antonio Neto
    , contributor
    Comments (2) | Send Message
     
    At 481,321 square miles (1,246,620 km2), Angola is the world's twenty-third largest country, not a "small country". Yes, there is corruption already.
    11 Jul 2013, 04:51 AM Reply Like
  • Antonio Neto
    , contributor
    Comments (2) | Send Message
     
    Angola is not a small country. At 481,321 square miles (1,246,620 km2), Angola is the world's twenty-third largest country.
    11 Jul 2013, 04:51 AM Reply Like
  • daphnex2
    , contributor
    Comments (120) | Send Message
     
    Do you mean will be or just plain 'is'??
    10 Jul 2013, 04:24 PM Reply Like
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