URL: http://mbendi.co.za/cyanoi.htm
Name: Angola - Oil Industry Overview
Source: WorldEnergy
Description:
Angola is one of the major oil producing countries of Africa. After Nigeria, it is the most significant
oil producer in Sub-Saharan Africa with a production total of 650,000 barrels per day (32.3 million
tonnes) in 1995. Following recent further discoveries, its upstream potential is likely to remain
extremely positive due to its promising geology, a good record of exploration successes, low
operating costs and relatively attractive fiscal terms. These factors together with the increasing
stability following the ending of its civil war, makes Angola a key player in Africa's oil industry
both as a major producer and exporter.
Country Name: Angola
Type: National Information
Person: Hugh Evans