Angola Remains Africa’s Biggest Oil Producer in June 2022

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Angola has maintained its position as the biggest oil producer in Africa for the second month in a row, with oil production measuring higher than that of Nigeria in both May and June 2022. 

According to the Organization of Petroleum Exporting Countries’ (OPECs) Monthly Oil Report for June 2022, Angola’s oil production increased to 1.175 million barrels per day (bpd) from 1.162 million bpd in May, representing the highest in Africa.

Despite production declines from 1.18 million bpd to 1.16 million bpd from April to May 2022, Angola’s oil production exceeded that of Nigeria’s during the same period. 

Over this period, Nigeria experienced the biggest output decline out of all OPEC member states, with production declining by 195,000 bpd to 1.02 million bpd from April to May 2022.

However, in June, both Angola and Nigeria recorded oil production increases, with Angola’s production increasing to 1.175 million bpd and Nigeria’s by 134,000 bpd to 1.158 million bpd – representing the biggest increase among OPEC member states in June 2022.

In June 2022, OPEC’s total crude oil production averaged 28.72 million bpd, 234,000 bpd higher than output measured in May 2022. Saudi Arabia, the United Arab Emirates, Iran, Kuwait and Angola witnessed output increases while production in Libya and Venezuela declined.

As OPEC looks at increasing production even further and new upstream projects come online, the status as the biggest oil producer in Africa is expected to grow increasingly competitive. 

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ANGOLA OIL & GAS 2022

Representing the country’s official energy event, AOG 2022, in partnership with the Ministry of Petroleum and Mineral Resources of Angola, will take place in Luanda on 29-30 of November and December 1st, 2022.

ANGOLA OIL & GAS 2022

Representing the country’s official energy event, AOG 2022, in partnership with the Ministry of Petroleum and Mineral Resources of Angola, will take place in Luanda on 29-30 of November and December 1st, 2022.

Charné Hollands

Charné Hollands

Charné Hollands is the Deputy Editor at Energy Capital & Power. She holds a Higher Certificate in Professional Photography and Masters in Media Studies from the University of Cape Town. Charné writes content for ECP's website and events as well as co-authored African Energy Chamber: Road to Recovery.

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