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Oil production in Angola: 34.6 million barrels produced in June

23/07/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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The company PetroAngola published statistics on Saturday according to which Angola produced a total volume of 34.6 million barrels of oil last June, equivalent to an average of 1.155 million barrels per day (MBPD).

The Angolan public company indicated that “Block 17, with an average daily oil production of 393,655 (KBPD), was positioned as the largest producer in the period analyzed, followed by block 32, followed by block 32, with an average production of 154,960 and, in third position, block 0 with an average production of 147,205 KBPD.”. According to statistics, associated gas production was 87.230 million cubic feet in the month of June, totaling a daily average of 2.908 million cubic feet, an increase of 6.60 percent compared to the previous month. Angolan crudes were sold at a premium, trading at $1.71 per barrel above Brent in June. The combination of the prices of the most valuable crudes on international markets reached an average value of 82.96

dollars per barrel.
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