Angola registers “stabilization” in Oil production

Angola registers “stabilization” in Oil production

Angola has registered a “certain stabilization” in oil production since 2021, the result of actions and agreements that it has been establishing in this field, “it has all the instruments to exonerate the decline” and does not fear “negative” international projections, he said this yesterday 14th March, the chairman of the Board of Directors of the National Petroleum, Gas and Biofuels Agency (ANPG), Paulino Jerónimo.

“There is indeed this international concern about the decline in oil production in Angola, but we are here internally doing our work, the decline in production is natural in any country in the world”, he stressed.

“I often see examples of countries that produced 3.6 million barrels and today are producing 1.2 million, so it is a natural decline, what I consider unnatural is that we do nothing to exonerate this decline and that is what fact that we are doing now”, maintained the ANPG manager.

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