Oil production continued to fall in April, at 7800 barrels per day, compared to the previous month, but slightly approaching Nigeria, which remains at the top of African producers, according to the Organization of Petroleum Exporting Countries (OPEC).
According to the organization's latest monthly report, for April and consulted by Lusa, Angola reached an average daily production of 1.523 million barrels of crude in the fourth month of the year (after OPEC's review of the March report), with data based on secondary sources.
Oil production in the country had already registered a drop in March, exceeding 18,000 barrels a day, according to the previous OPEC report.
With this record, in terms of volume produced, Angola remains behind Nigeria, a country that saw its production fall by 8,300 barrels per day in April, to an average of 1.791 million barrels per day, according to the same data from OPEC, also with based on a review those of March.
For virtually the entire year of 2016 and until May 2017, Angola led African oil production, a position it has since lost to Nigeria. Production in that country was conditioned between 2015 and 2016 by terrorist attacks, armed groups and internal political instability.
The agreement between oil producing countries, to reduce production and increase the price of a barrel, forced Angola to cut 78,000 barrels of crude per day with effect from 1 January 2017, to a limit of 1.673 million daily barrels.
Since the beginning of 2017, domestic oil sales have been, as a rule, above 50 dollars per barrel on the international market, having, in the meantime, reached 70 dollars.
