Total Energy Consumption (1999E): 0.1 quadrillion Btu* (0.03% of world total energy consumption).
Energy-Related Carbon Emissions (1999E): 3.7 million metric tons of carbon (0.06% of world carbon emissions)
Per Capita Energy Consumption (1999E): 8.1 million Btu (vs. US value of 355.8 million Btu)
Per Capita Carbon Emissions (1999E): 0.3 metric tons of carbon (vs. US value of 5.5 metric tons of carbon)
Energy Intensity (1999E): 9,900 Btu/$1990 (vs. US value of 12,638 Btu/$1990)
** Carbon Intensity (1999E): 0.35 metric tons of carbon/thousand $1990 (vs US value of 0.19 metric tons of carbon/$1990)
**Sectoral Share of Energy Consumption (1998E): Transportation (8.7%), Industrial (17.2%)
Residential (70.2%), Commercial (3.8%)
Sectoral Share of Carbon Emissions (1998E):
Transportation (34.9%), Industrial (40.6%)
Residential (9.1%), Commercial (15.4%)
Fuel Share of Energy Consumption (1999E): Oil (69.2%), Natural Gas (20.5%), Coal (0.0%)
Fuel Share of Carbon Emissions (1999E): Natural Gas (64.4%), Oil (35.6%), Coal (0.0%)
Renewable Energy Consumption (1998E): 174 trillion Btu* (2% increase from 1997)
Number of People per Motor Vehicle (1998): 50 (vs US value of 1.3)
Status in Climate Change Negotiations: Non-Annex I country under the United Nations Framework
Convention on Climate Change (ratified May 17, 2000). Not a signatory to the Kyoto Protocol.
OIL AND GAS INDUSTRIES
|Organisation: State-owned Sociedade Nacional de Combustiveis de Angola (Sonangol) oversees offshore and onshore oil operations in Angola
Major Oil Fields (production bbl/d) (1998E): Takula-Block Zero (135,158 bbl/d), Numbi-Block Zero (66,713 bbl/d), Kokongo-Block Zero (37,330 bbl/d), Pacassa-Block 3 (70,577 bbl/d), Cobo/Pambi- Block 3 (51,304 bbl/d)
Major Refineries (1/1/00 Capacity): Fina Petroleos De Angola – Luanda (39,000 bbl/d)
Major Oil Terminals: Luanda, Malango (Cabinda), Palanca, Quinfuquena
Oil: The Engine of Angola’s Economy
Producing more then 800,000 barrels per day, Angola is the second largest oil producer in sub-Saharan Africa. Oil accounts for 90 percent of total exports, more than 80 percent of government revenues and 42 percent of the country’s GDP.
Oil output is expected to reach one million barrels per day by the year 2000. Since 1996 gigantic new discoveries are made and the country’s known recoverable reserves are currently estimated to total more than 7.7 billion barrels, but continuing exploration finds new reserves at the same rate oil companies deplete old ones.
Approximately 15 foreign companies including Chevron, Texaco, Exxon and Occidental, have invested more than $8 billion in Angola. Oil companies are attracted by Angola’s low operating costs, favourable geology and good business terms. US firms continue to invest more money in Angola.
Chevron, which has been operating in Angola for over 40 years, announced it has discovered four new offshore fields with 300 million barrels of recoverable oil. Between 1994 and 1998, Chevron had put forward a plant to develop deep-water oil field off Angola for more than 25 years and will invest $600 million to develop new fields. Halliburton was recently awarded a $20 million contract to develop oil services in Cabinda province which will benefit all oil companies operating there.