Angola bides its time on pre-salt potential as gas exports beckon


Issue 234 - 29 Jun 2012 | 5 minute read

With oil and gas production generating huge revenues, Angola is relaxed about the next phase of its hydrocarbons development, which will take companies deeper into the offshore pre-salt. Petroleum minister Vasconcelos envisages crude output rising to well over 2m b/d, alongside new efforts to secure gas reserves for the nascent LNG export industry, write John Hamilton and Jon Marks

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