Angola

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

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Petroleum (Thousand Barrels per Day)			2011					2012
		History	Angola	Africa	OPEC	World	Rank	Angola
Total Oil Production	Production of crude oil (including lease condensate), natural gas plant liquids, and other liquids, and refinery processing gain (loss). Negative value indicates refinery processing loss.	Total Oil Production Enlarge chart Rollover line points for data.Close	1,839.79	9,363	35,154	87,192	16
Crude Oil Production	Includes lease condensate.	Crude Oil Production Enlarge chart Rollover line points for data.Close	1,785.62	8,571	31,724	74,070	14
Consumption	Consumption of petroleum products and direct combustion of crude oil.	Petroleum Consumption Enlarge chart Rollover line points for data.Close	88.00	3,339	7,999	88,256	77	^F
Net Export/Imports(-)	Net Exports = Total Oil Production – Consumption. Negative numbers are Net Imports.	Petroleum Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	1,751.79	6,024	27,155	--	175	NA
Total Oil Exports to U.S.	Total crude oil and petroleum products.	Total Oil Exports to U.S. Enlarge chart Rollover line points for data.Close	NA		NA		NA	NA
Refinery Capacity	Crude oil distillation capacity as of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Petroleum Refinery Capacity Enlarge chart Rollover line points for data.Close	39	3,220	8,987	88,097	88	39
Proved Reserves(Billion Barrels)	As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Petroleum Proved Reserves Enlarge chart Rollover line points for data.Close	9.50	124	1,065	NA	17	9.50
Natural Gas (Billion Cubic Feet)			2010					2011
		History	Angola	Africa	World	Rank		Angola
Production	Dry natural gas.	Natural Gas Production Enlarge chart Rollover line points for data.Close	26	7,373	111,333	68		27
Consumption	Dry natural gas.	Natural Gas Consumption Enlarge chart Rollover line points for data.Close	26	3,558	113,321	93		27
Net Export/Imports(-)	Net Exports = Exports - Imports. Negative numbers are Net Imports. Note: Data range begins with the year 1990.	Natural Gas Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	0	3,813	--	64		NA
Proved Reserves (Trillion Cubic Feet)	As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Natural Gas Proved Reserves Enlarge chart Rollover line points for data.Close	10	495	6,669	39		11
Coal (Million Short Tons)			2010					2011
		History	Angola	Africa	World	Rank		Angola
Production	Production of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale).	Coal Production Enlarge chart Rollover line points for data.Close	0.000	286	7,954	68		0.000
Consumption	Consumption of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale) and net imports of metallurgical coke.	Coal Consumption Enlarge chart Rollover line points for data.Close	0.000	223	7,770	114		0.000
Net Export/Imports(-)	Net Exports = Exports – Imports. Negative numbers are Net Imports. Includes primary coal and metallurgical coke.	Coal Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	0.000	64	--	85		0.000
Electricity (Billion Kilowatthours)			2009					2010
		History	Angola	Africa	World	Rank		Angola
Net Generation	Conventional thermal electricity, hydroelectric power, nuclear electric power, and geothermal, solar, wind, and wood and waste electric power generation.	Electricity Net Generation Enlarge chart Rollover line points for data.Close	4.61	594	19,071	118		5.12
Net Consumption	Net generation+electricty imports-electricity exports-electricity distribution losses.	Electricity Net Consumption Enlarge chart Rollover line points for data.Close	4.13	530	17,360	118		4.59
Installed Capacity (GWe)	One billion watts or one thousand megawatts of electric capacity, as of January 1.	Electricity Installed Capacity Enlarge chart Rollover line points for data.Close	1.16	130	4,843	120		1.16
Total Primary Energy (Quadrillion Btu)			2009					2010
		History	Angola	Africa	World	Rank		Angola
Production	Production of petroleum (crude oil and natural gas plant liquids), dry natural gas, and coal, and net generation of hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electric power.	Total Primary Energy Production Enlarge chart Rollover line points for data.Close	4.174	36	487	27		4.259
Consumption	Consumption of petroleum, dry natural gas, and coal, and net hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electricity. Also includes net electricty imports.	Total Primary Energy Consumption Enlarge chart Rollover line points for data.Close	0.209	16	488	95		0.239
Energy Intensity (Btu per 2005 U.S. Dollars)	Consumption per dollar of gross domestic product using purchasing power parities.	Total Primary Energy Intensity Enlarge chart Rollover line points for data.Close	2,279	5,405	7,461	169		2,480
Carbon Dioxide Emissions (Million Metric Tons of CO₂)			2009					2010
		History	Angola	Africa	World	Rank		Angola
Total from Consumption of Fossil Fuels	Emissions from the consumption of petroleum, natural gas, and coal and the flaring of natural gas.	CO2 from Consumption of Fossil Fuels Enlarge chart Rollover line points for data.Close	23.87	1,116	29,778	79		24.20