LUSA 05/31/2025

Lusa - Business News - Angola: Oil production almost 8% below forecast in April - agency

Luanda, May 30, 2025 (Lusa) - Oil production in Angola fell to an average of 1,001,704 barrels per day in April, below the forecast of 1,087,632 barrels per day, the National Agency for Petroleum, Gas and Biofuels (ANPG) announced on Friday.

According to the ANPG's monthly report, total production for the month was 30 million barrels, 7.9% below forecast, with an operational efficiency of 86.6%.

The agency also highlighted associated gas production, much of which was reinjected into reservoirs or used to generate power and supply the liquefied natural gas (ALNG) plant in Soyo, in the north of the country.

This plant produced 3.8 million barrels of oil equivalent, but recorded a reduction of about 10% compared to the target, due to repairs and a breakdown.

The barrel of oil equivalent is a standardised measure that combines different energy sources, for example oil and gas energy equivalents.

Total oil production in April amounted to 31 million barrels, of which 29 million were exported and around 1.8 million were delivered to the Luanda refinery.

During the month, 14 drilling units were in operation, with work carried out on 28 wells.

RCR/AYLS // AYLS

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