According to British analysts, quoted by Lusa, “oil production in Angola increased slightly in November, meeting the government’s target”, the forecast also indicates that crude oil production increased by 3.6% last year, to 1.170 million barrels per day, rising slightly to 1.173 million barrels per day in 2025.
The African department of this London-based consultancy also points out that the International Energy Agency’s figures on Angola’s oil production “are aligned with the government’s target of 1.180 million barrels per day for 2024”, although some challenges are presented such as “possible delays in national oil projects, a reduced demand for Angolan oil due to the increase in sales of electric vehicles in China, and a slowdown in the construction sector”, as stated by the same source.
