Related Articles
Forward article link
Share PDF with colleagues

Angola: Government wants action on Opec quota crunch

THE GOVERNMENT is seeking, or plans to seek, a higher oil production quota from Opec, claiming a special need for revenues, according to reports last month. If it is successful, the main producers – Chevron, Total, ExxonMobil and BP – will avoid having to make sharp output cuts. Production in the first four months of the year has run at about 1.7m barrels a day (b/d) and is set to rise, bringing the country into conflict with the producers' organisation – of which Angola is providing the president this year. Middle East Economic Survey reported that Angola had written to Opec's secretary general, Abdullah al-Badri, to request special exemption from production quotas, arguing a great need fo

Also in this section
Sisi keeps a lid on
16 March 2018
Egyptians face another four years of authoritarian rule
Egypt's gas strategy
16 March 2018
New natural gas coming on stream will boost the country's economy, in the short term
Tillerson ouster shakes up energy diplomacy
15 March 2018
American policy towards Iran and Venezuela will likely grow harsher, injecting more risk into energy markets