Angola expects to maintain its current production of crude oil at 1.1 million barrels per day (bpd) next year, said Belarmino Chitangueleca, the Chief Executive Officer of the National Agency for Oil, Gas and Biofuels (ANPG), on Thursday.
Belarmino Chitangueleca ensured that the country will announce the winning bidders for the last onshore licensing round by March 2024.
He also mentioned that Angola will set up a second Natural Gas Liquids (NGL) train, which processes and converts natural gas into super-cooled liquid for additional gas exports, without specifying a timeline for this.
“I am confident that we will have enough gas to justify the addition of a second train,” said the ANPG director. “We will seize this opportunity,” he added.
