Luanda: Angola produced an average of 1,049 million barrels of oil per day in the first quarter of this year, falling short of the 1,098-million-barrel target set by the National Development Plan (NDP) for 2025.
According to Angola Press News Agency, the 2023-2027 NDP Balance Report - First Quarter of 2025, sent to ANGOP, reveals that 918 fuel stations are operational nationwide, slightly below the target of 928 stations for 2025. The report also details efforts within the "Mineral Resources, Oil and Gas" subdomain, including laboratory soil geochemistry analyses conducted in the Kassanje Basin, a significant sedimentary basin located in the provinces of Cuanza-Norte, Malanje, and Lunda-Norte, aimed at assessing its hydrocarbon potential.
The report further notes the inaugural operation of the Barra do Dande Ocean Terminal (TOBD), which boasts a storage capacity of 582,000 cubic meters of refined products, alongside the development and approval of the Gas Master Plan (PDG). In the gas sector, an average production of liquefied natural gas (LNG) was recorded at approximately 139,212,000 BOEPD, falling short of the 162,880 target for the year.
In the field of mineral resources, the extraction of approximately 3,349,000 carats of diamonds was recorded, against a target of 15.1 million carats set for this year. The sector aims to produce 570 fine ounces, compared to a target of 5,860 fine ounces for 2025, in addition to 88,110 thousand tons of iron ore, which is below the target of 500,000 tons.
The report also highlights that 30,120,000 m3 of ornamental rocks were placed on the market, compared to the target of 110,900 m3 planned for the year. Overseen by the Ministry of Planning, this report summarizes the main outcomes of the 2023-2027 National Development Plan's implementation during the first quarter of 2025 across multiple sectors.
The report's purpose is to provide the Executive with pertinent information to support decision-making, enabling corrective measures to be adopted if deviations from established targets occur.
