The Black Informant

African-American culture, news commentary, politics

Who is Africa’s top oil producer?

Angola surpasses Nigeria as top Africa oil producer

LONDON, May 15 (Reuters) - Angola became Africa’s largest oil producer last month, OPEC said on Thursday, as unrest sharply cut Nigerian output.

Angola, one of OPEC’s newest members, claimed the top spot for the first time pumping 1.873 million barrels per day in April, 55,000 bpd more than Nigeria.

While Angola has gradually increased its production with new offshore oilfields, Nigeria has been plagued by persistent supply disruptions.

Production in Nigeria, Africa’s top producer since 1978 on an annual basis, tumbled by as much as 1.36 million bpd in late April or more than 40 percent of its installed output capacity. (more…)

May 16, 2008 - Posted by Duane | World | | No Comments

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