Production

Angola is Africa’s leading oil producer - OPEC

Wednesday, 18 May 2016 15:20

Angola has become Africa’s main oil producer as the country’s oil production rose again in April, the Organization of Petroleum Exporting Countries (OPEC) in its monthly report revealed.

The country’s per day production rose by 17, 800 BO to 1.788 million barrels in April overtaking Nigeria’s production which dropped by 56,800 barrels to 1.637 million barrels.

According to the same report, Angola’s output also fell by 49,000 barrels to 1.733 million barrels, while Nigerian production increased by 282,800 barrels to 1.787 million

Nigeria’s Minister of State for Petroleum Resources, Emmanuel Kachikwu, at the beginning of this week stated that oil production in the country fell almost by 40% to 1.4 million bpd due to terrorist attacks against oil exploration facilities in the Niger Delta region.

He said the government would try to resolve the situation in that area of the country, Macauhub reports.

Anita Fatunji

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