Monthly oil production in Angola 2020-2022
lowest level in the last fifteen years. Currently, Angola’s challenge lies in reversing this decline in production, as the activity has an enormous influence on the country’s economy.
The oil production in Angola was measured at 1.32 million barrels per day in January 2022, improving from 1.29 million barrels in the previous month. During the period observed, the output reached the highest in the first quarter of 2020. After that, it started an overall downward trend. In 2021, the country produced on average 1.2 million barrels of oil daily, the