kwanza 5

500km north of Kwanza river's mouth

and 25km north of Cabinda

as the crow flies...

//

With export figures...

"more than satisfactory at the end of 2021-beginning of 2022"...

the historic launch of the very first oil platform in Angola has taken place last June.

Going by the name Lifua A, in the Malongo Camp in Cabinda.

Supported by US giant Chevron through its local subsidiary... 

Cabinda Gulf Oil Company Limited (CABGOC)... 

the project required a budget of 60 million USD.

Last February... 

José Barroso, Angolan Secretary of State for Oil and Gas...

while presenting the results of the sector, confirmed the recovery after a terrible year in 2020. 

The counters showed 27.87 billion dollars in crude oil export revenues in 2021, an increase of 51.4% year on. A total of 394.22 million barrels of crude oil were shipped to Angola's customers around the world, led by China, which bought 71.51%, followed by India (7%).

The project is intended to create 300 direct jobs... 

and will have its entry into production in late 2023.

[bron]