U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Country Analysis Brief Overview
- Angola is the second-largest oil producer in Sub-Saharan Africa behind Nigeria, and recent exploration suggests that Angola's reserves may be larger than initially estimated.
- Successful exploration in Angola's pre-salt formations continues to drive optimistic oil production forecasts for the country, and the Angolan government is targeting 2 million barrel per day production levels by 2014.
- With the first cargo of liquefied natural gas (LNG) scheduled to leave Angola in early 2013, the country is in a position to capitalize on the high demand for LNG to bolster its export portfolio.
- Angola's fractured electricity system serves 30 percent of the population and progress towards providing greater access is proving difficult. The Angolan government plans to invest billions of dollars in the country's electricity system, but in the short-term access to power will remain a challenge.
Analysis Last Updated: January 3, 2013
Overview data for Angola+ EXPAND ALL
-- = Not applicable; NA = Not available; F = Forecast value
Sources: EIA. For more detailed data, see International Energy Statistics.
Data last updated: February 12, 2013
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