Report summaryAngola is Sub-Sahara Africa's second largest oil producer behind Nigeria. Production growth has stalled in recent years and we expect it will produce 1.75 million b/d in 2016, all of which will come from the Lower Congo Basin. Production is expected to break through 2 million b/d early in the next decade. However, as over 75% of liquids output, both current and future, is from deepwater, Angola's upstream industry is particularly vulnerable to a prolonged period of low oil ...
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