Angola wants higher output quota from OPEC
Angola wants OPEC
to raise the country’s oil output quota, as the southwest African
country depends on its natural resources for “social economic
recovery”, oil minister, Jose Botelho de Vasconcelos, said on Sunday.
Mr. de Vasconcelos,
who is in New Delhi to attend industry conference, Petrotech, said the
country was producing 1.8 million barrels per day, which is more than
its OPEC quota.
He said the country would like OPEC to raise its output quota, as oil significantly contributes to its growth.
Asked if he seeks a higher quota for his country, he said: “We are trying to do that…”
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