Angola Has Around 50 Billion Barrels of Oil Yet to Explore

Luanda — The country has a potential of approximately 50 billion barrels of oil to be explored, of which almost 10 billion have already been found/discovered, according to the executive director of the National Oil, Gas and Biofuel Agency (ANPG), Ana Miala.

Speaking to the press on the sidelines of the first Offshore Exploration Forum, which began Tuesday in Luanda, she said that this potential, ascertained by a study carried out recently, requires more investment in order to be exploited and to…

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