{"id":47213,"date":"2023-10-16T20:31:49","date_gmt":"2023-10-16T20:31:49","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/?p=47213"},"modified":"2023-10-16T19:22:55","modified_gmt":"2023-10-16T19:22:55","slug":"angola-projects-oil-production-above-1-1-million-barrels-day","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day","title":{"rendered":"Angola projects oil production above 1.1 million barrels\/day"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>The Government will continue to work to maintain competitiveness and crude oil production levels above 1.1 million barrels\/day, planning to bid for another 50 oil blocks by 2025, the President of the Republic, Joa\u0303o Lourenc\u0327o, assured today.<\/b><\/p>\n

When presenting the Message on the State of the Nation, in the National Assembly, the Holder of the Angolan Executive Branch aimed to stabilize and boost crude oil production activity, in order to mitigate the sharp decline in production, recorded in recent years.<\/p>\n

To achieve this challenge, in the short and medium term, the Head of State highlighted the \u201cNdola Sul\u201d projects, with a production capacity of 20 thousand barrels\/day, and \u201cAgogo Fuel\u201d, for the recovery of 490 million oil gross.<\/p>\n

Also part of this challenge, he pointed out, are the \u201cBego\u0301nia\u201d projects, with capacity to produce 30 thousand barrels\/day, \u201cCameia\u201d and \u201cGolfinho\u201d, which will implement the first oil development project in the Kwanza Basin and in waters deep, respectively.<\/p>\n

As a result, he said, oil revenues should be used less for the consumption of goods and services, but for expenses to promote diversification and promotion of the non-oil economy.<\/p>\n

Oil production in Angola already reached levels of 1.8 million barrels in 2015, an average that has fallen to current figures, influenced, in part, by insufficient investment in the sector and unscheduled stoppages.<\/p>\n

With a production of 1.1 million barrels\/day, the country currently has reserves estimated at nine billion barrels of crude oil and 5.95 billion cubic meters of gas.<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. The Government will continue to work to maintain competitiveness and crude oil production levels above 1.1 million barrels\/day, planning to bid for another 50 oil blocks by 2025, the President of the Republic, Joa\u0303o Lourenc\u0327o, assured today. When presenting the Message on the State of the Nation, in the National Assembly, the […]<\/p>\n","protected":false},"author":84,"featured_media":47212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,244],"tags":[233,337,329],"class_list":["post-47213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nAngola projects oil production above 1.1 million barrels\/day - Angola<\/title>\n<meta name=\"description\" content=\"The Government will continue to work to maintain competitiveness and crude oil production levels above 1.1 million ba ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Angola projects oil production above 1.1 million barrels\/day\" \/>\n<meta property=\"og:description\" content=\"The Government will continue to work to maintain competitiveness and crude oil production levels above 1.1 million ba ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-16T20:31:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/10\/sm_1697471291.168481.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1655\" \/>\n\t<meta property=\"og:image:height\" content=\"1062\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Angola projects oil production above 1.1 million barrels\/day\",\"datePublished\":\"2023-10-16T20:31:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day\"},\"wordCount\":264,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/10\/sm_1697471291.168481.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/angola-projects-oil-production-above-1-1-million-barrels-day\",\"name\":\"Angola projects oil production above 1.1 million barrels\/day - 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