Angola continues to make strides across the upstream segment

As the second largest oil producer in sub-Saharan Africa, with production levels most recently estimated at 1.22 million barrels per day (bpd), the Republic of Angola continues to make strides across the upstream segment of its hydrocarbon sector. However, more recently it is the southern African country’s downstream sector that has been gaining faster momentum, with many large-scale projects underway. By prioritizing these downstream mega-projects, the government of Angola aims to improve domestic capacity, reduce refined petroleum imports and begin to firmly establish the country as an energy secure and independent hydrocarbon market. The Angola Oil & Gas conference, organized by Energy Capital & Power (www.EnergyCapitalPower.com) and taking place from November 29 and 30 to December 1, investigates this very topic, with panel discussions centered on the need to expand Angola’s downstream sector.

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