Who is Africa’s top oil producer?

Posted: May 16, 2008 in World

Angola surpasses Nigeria as top Africa oil producer

LONDON, May 15 (Reuters) – Angola became Africa’s largest oil producer last month, OPEC said on Thursday, as unrest sharply cut Nigerian output.

Angola, one of OPEC’s newest members, claimed the top spot for the first time pumping 1.873 million barrels per day in April, 55,000 bpd more than Nigeria.

While Angola has gradually increased its production with new offshore oilfields, Nigeria has been plagued by persistent supply disruptions.

Production in Nigeria, Africa’s top producer since 1978 on an annual basis, tumbled by as much as 1.36 million bpd in late April or more than 40 percent of its installed output capacity. (more…)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s