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by: Giulia Filpi | April 29, 2024
In the first quarter of this year, Angola exported 94.41 million barrels of crude oil, worth $7.77 billion, at an average price of $83.161 per barrel.
The data, reported today by the newspaper Jornal de Angola, were released through the Facebook page of the Ministry of Natural Resources, Oil and Gas.
Compared to the fourth quarter of 2023, the volume of oil and gas exported by Angola decreased by 8.43%. In terms of gross value, a decrease of 10% was recorded, while compared to the same period in 2023, an increase of 11.93% was observed.
As in previous quarters, China was the main destination for Angolan oil (49.65%), followed by India (13.12%) and Spain (8.76%).
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