Exports of crude oil have outpaced exports of refined
oil
because refining facilities have not been expanded at the
same rate
as crude oil output. In the late 1980s, all of the oil
produced
offshore (in Cabinda and Block 3) was exported, while the
crude oil
found onshore was refined domestically.
Petrangol's output was about 32,000 bpd in 1985,
sufficient to
meet domestic demand for most products except butane and
jet fuel,
while a large surplus of fuel oil was produced for export
(585,900
tons in 1985). The facilities for bottling propane and
butane were
also expanded at a cost of US$7 million. The capacity of
the
Petrangol oil refinery on the outskirts of Luanda was
increased to
1.7 million tons a year in 1986. In 1987 Sonangol was
exploring the
possibility of having some of its crude petroleum refined
in
Portugal.
The supply of petroleum products for the domestic
market was
controlled by Sonangol and increased 8 percent between
1980 and
1985. Initially, Sonangol shared the market with Shell and
Mobil,
but Sonangol bought out the Angolan subsidiaries of these
companies
in 1981 and 1983. Subsequently, Sonangol also purchased
two
Portuguese companies that bottled gas, gaining a monopoly
over the
distribution of refined products. Among these products,
butane gas
accounted for 65 percent of the total gas consumed locally
and was
used primarily in homes in urban areas. In addition,
Sonangol
distributed gasoline, gas oil, and lubricating oils. Its
greatest
distribution problems were the lack of storage facilities
throughout the country and problems associated with the
domestic
transportation network.
In response to the fall in oil prices in 1986, the
Angolan
government began considering regional cooperation to
protect the
interests of oil suppliers. In that year, Angola was
invited to
join the Organization of Petroleum Exporting Countries
(OPEC).
Although it declared its willingness to act in concert
with OPEC
members to avert the growing crisis in oil prices, Angola
joined
the African Petroleum Producers' Association, which
included four
OPEC members (Algeria, Gabon, Libya, and Nigeria) and
three
non-OPEC oil producers (Cameroon, Congo, and Benin).
Together,
these eight countries produced 188 million tons of oil in
1986,
equivalent to about one-fifth of OPEC's production and 6.4
percent
of world production.
In the late 1980s, the major foreign oil companies
operating in
Angola were American. Chevron, which had taken over Gulf,
owned 49
percent of the shares in the offshore Cabinda blocks,
Angola's
largest production area, where output was fairly stable in
1986 and
1987 at about 200,000 bpd. In 1986 President Ronald
Reagan's
administration pressured American oil companies and
equipment
suppliers to withdraw their interest in the Angolan oil
industry to
protest the presence of Cuban troops in Angola. Chevron
therefore
withdrew 20 percent of its interests from Cabgoc and sold
its
shares to the Italian firm Agip. Conoco, however, rebuffed
this
pressure and became the third American oil company to
begin
operations in Angola in offshore Block 5. Texaco, another
major
operator in Angola, operated in offshore Block 2, near
Soyo, where
it held a 40 percent interest in a production-sharing
consortium.
It also had a 16 percent interest in some of the onshore
fields in
the Congo River Basin.
The United States Congress also banned new
Export-Import Bank
lending and credit insurance for sales to the Angolan oil
industry,
putting American suppliers at a major disadvantage in this
market.
British suppliers waiting to come into the market have
been delayed
because of the reluctance of British banks to offer
long-term or
medium-term credits for such sales. However, France has
entered the
market, granting exceptional credit facilities for
oil-related
sales.
Background | | Angola is rebuilding its country after the end of a 27-year civil war in 2002. Fighting between the Popular Movement for the Liberation of Angola (MPLA), led by Jose Eduardo DOS SANTOS, and the National Union for the Total Independence of Angola (UNITA), led by Jonas SAVIMBI, followed independence from Portugal in 1975. Peace seemed imminent in 1992 when Angola held national elections, but fighting picked up again by 1996. Up to 1.5 million lives may have been lost - and 4 million people displaced - in the quarter century of fighting. SAVIMBI's death in 2002 ended UNITA's insurgency and strengthened the MPLA's hold on power. President DOS SANTOS held legislative elections in September 2008 and, despite promising to hold presidential elections in 2009, has since made a presidential poll contingent on the drafting of a new constitution.
|
Location | | Southern Africa, bordering the South Atlantic Ocean, between Namibia and Democratic Republic of the Congo
|
Area(sq km) | | total: 1,246,700 sq km land: 1,246,700 sq km water: 0 sq km
|
Geographic coordinates | | 12 30 S, 18 30 E
|
Land boundaries(km) | | total: 5,198 km border countries: Democratic Republic of the Congo 2,511 km (of which 225 km is the boundary of discontiguous Cabinda Province), Republic of the Congo 201 km, Namibia 1,376 km, Zambia 1,110 km
|
Coastline(km) | | 1,600 km
|
Climate | | semiarid in south and along coast to Luanda; north has cool, dry season (May to October) and hot, rainy season (November to April)
|
Elevation extremes(m) | | lowest point: Atlantic Ocean 0 m highest point: Morro de Moco 2,620 m
|
Natural resources | | petroleum, diamonds, iron ore, phosphates, copper, feldspar, gold, bauxite, uranium
|
Land use(%) | | arable land: 2.65% permanent crops: 0.23% other: 97.12% (2005)
|
Irrigated land(sq km) | | 800 sq km (2003)
|
Total renewable water resources(cu km) | | 184 cu km (1987)
|
Freshwater withdrawal (domestic/industrial/agricultural) | | total: 0.35 cu km/yr (23%/17%/60%) per capita: 22 cu m/yr (2000)
|
Natural hazards | | locally heavy rainfall causes periodic flooding on the plateau
|
Environment - current issues | | overuse of pastures and subsequent soil erosion attributable to population pressures; desertification; deforestation of tropical rain forest, in response to both international demand for tropical timber and to domestic use as fuel, resulting in loss of biodiversity; soil erosion contributing to water pollution and siltation of rivers and dams; inadequate supplies of potable water
|
Environment - international agreements | | party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution signed, but not ratified: none of the selected agreements
|
Geography - note | | the province of Cabinda is an exclave, separated from the rest of the country by the Democratic Republic of the Congo
|
Population | | 12,799,293 (July 2009 est.)
|
Age structure(%) | | 0-14 years: 43.5% (male 2,812,359/female 2,759,047) 15-64 years: 53.7% (male 3,496,726/female 3,382,440) 65 years and over: 2.7% (male 153,678/female 195,043) (2009 est.)
|
Median age(years) | | total: 18 years male: 18 years female: 18 years (2009 est.)
|
Population growth rate(%) | | 2.095% (2009 est.)
|
Birth rate(births/1,000 population) | | 43.69 births/1,000 population (2009 est.)
|
Death rate(deaths/1,000 population) | | 24.08 deaths/1,000 population (July 2009 est.)
|
Net migration rate(migrant(s)/1,000 population) | | 1.34 migrant(s)/1,000 population (2009 est.)
|
Urbanization(%) | | urban population: 57% of total population (2008) rate of urbanization: 4.4% annual rate of change (2005-10 est.)
|
Sex ratio(male(s)/female) | | at birth: 1.05 male(s)/female under 15 years: 1.02 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.79 male(s)/female total population: 1.02 male(s)/female (2009 est.)
|
Infant mortality rate(deaths/1,000 live births) | | total: 180.21 deaths/1,000 live births male: 192.24 deaths/1,000 live births female: 167.58 deaths/1,000 live births (2009 est.)
|
Life expectancy at birth(years) | | total population: 38.2 years male: 37.24 years female: 39.22 years (2009 est.)
|
Total fertility rate(children born/woman) | | 6.12 children born/woman (2009 est.)
|
Nationality | | noun: Angolan(s) adjective: Angolan
|
Ethnic groups(%) | | Ovimbundu 37%, Kimbundu 25%, Bakongo 13%, mestico (mixed European and native African) 2%, European 1%, other 22%
|
Religions(%) | | indigenous beliefs 47%, Roman Catholic 38%, Protestant 15% (1998 est.)
|
Languages(%) | | Portuguese (official), Bantu and other African languages
|
Country name | | conventional long form: Republic of Angola conventional short form: Angola local long form: Republica de Angola local short form: Angola former: People's Republic of Angola
|
Government type | | republic; multiparty presidential regime
|
Capital | | name: Luanda geographic coordinates: 8 50 S, 13 14 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
|
Administrative divisions | | 18 provinces (provincias, singular - provincia); Bengo, Benguela, Bie, Cabinda, Cuando Cubango, Cuanza Norte, Cuanza Sul, Cunene, Huambo, Huila, Luanda, Lunda Norte, Lunda Sul, Malanje, Moxico, Namibe, Uige, Zaire
|
Constitution | | adopted by People's Assembly 25 August 1992
|
Legal system | | based on Portuguese civil law system and customary law; modified to accommodate political pluralism and increased use of free markets; has not accepted compulsory ICJ jurisdiction
|
Suffrage | | 18 years of age; universal
|
Executive branch | | chief of state: President Jose Eduardo DOS SANTOS (since 21 September 1979); note - the president is both chief of state and head of government head of government: President Jose Eduardo DOS SANTOS (since 21 September 1979); Antonio Paulo KASSOMA was named prime minister by MPLA on 26 September 2008 cabinet: Council of Ministers appointed by the president elections: president elected by universal ballot for a five-year term (eligible for a second consecutive or discontinuous term) under the 1992 constitution; President DOS SANTOS was selected by the party to take over after the death of former President Augustino NETO(1979) under a one-party system and stood for reelection in Angola's first multiparty elections 29-30 September 1992 (next were to be held in September 2009 but have been postponed) election results: Jose Eduardo DOS SANTOS 49.6%, Jonas SAVIMBI 40.1%, making a run-off election necessary; the run-off was never held leaving DOS SANTOS in his current position as the president
|
Legislative branch | | unicameral National Assembly or Assembleia Nacional (220 seats; members elected by proportional vote to serve four-year terms) elections: last held 5-6 September 2008 (next to be held in September 2012) election results: percent of vote by party - MPLA 81.6%, UNITA 10.4%, PRS 3.2%, ND 1.2%, FNLA 1.1%, other 2.5%; seats by party - MPLA 191, UNITA 16, PRS 8, FNLA 3, ND 2
|
Judicial branch | | Supreme Court and separate provincial courts (judges are appointed by the president)
|
Political pressure groups and leaders | | Front for the Liberation of the Enclave of Cabinda or FLEC [N'zita Henriques TIAGO, Antonio Bento BEMBE] note: FLEC's small-scale armed struggle for the independence of Cabinda Province persists despite the signing of a peace accord with the government in August 2006
|
International organization participation | | ACP, AfDB, AU, CPLP, FAO, G-77, IAEA, IBRD, ICAO, ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, MIGA, NAM, OAS (observer), OPEC, SADC, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
|
Flag description | | two equal horizontal bands of red (top) and black with a centered yellow emblem consisting of a five-pointed star within half a cogwheel crossed by a machete (in the style of a hammer and sickle); red represents liberty, black the African continent, the symbols characterize workers and peasants
|
Economy - overview | | Angola's high growth rate is driven by its oil sector, which has taken advantage of high international oil prices. Oil production and its supporting activities contribute about 85% of GDP. Increased oil production supported growth averaging more than 15% per year from 2004 to 2007. A postwar reconstruction boom and resettlement of displaced persons has led to high rates of growth in construction and agriculture as well. Much of the country's infrastructure is still damaged or undeveloped from the 27-year-long civil war. Remnants of the conflict such as widespread land mines still mar the countryside even though an apparently durable peace was established after the death of rebel leader Jonas SAVIMBI in February 2002. Subsistence agriculture provides the main livelihood for most of the people, but half of the country's food must still be imported. In 2005, the government started using a $2 billion line of credit, since increased to $7 billion, from China to rebuild Angola's public infrastructure, and several large-scale projects were completed in 2006. Angola also has large credit lines from Brazil, Portugal, Germany, Spain, and the EU. The central bank in 2003 implemented an exchange rate stabilization program using foreign exchange reserves to buy kwanzas out of circulation. This policy became more sustainable in 2005 because of strong oil export earnings; it has significantly reduced inflation. Although consumer inflation declined from 325% in 2000 to under 13% in 2008, the stabilization policy has put pressure on international net liquidity. Angola became a member of OPEC in late 2006 and in late 2007 was assigned a production quota of 1.9 million barrels a day, somewhat less than the 2-2.5 million bbl Angola's government had wanted. To fully take advantage of its rich national resources - gold, diamonds, extensive forests, Atlantic fisheries, and large oil deposits - Angola will need to implement government reforms, increase transparency, and reduce corruption. The government has rejected a formal IMF monitored program, although it continues Article IV consultations and ad hoc cooperation. Corruption, especially in the extractive sectors, and the negative effects of large inflows of foreign exchange, are major challenges facing Angola.
|
GDP (purchasing power parity) | | $112.8 billion (2008 est.) $100.5 billion (2007 est.) $82.94 billion (2006 est.) note: data are in 2008 US dollars
|
GDP (official exchange rate) | | $84.95 billion (2008 est.)
|
GDP - real growth rate(%) | | 12.3% (2008 est.) 21.1% (2007 est.) 18.6% (2006 est.)
|
GDP - per capita (PPP) | | $9,000 (2008 est.) $8,200 (2007 est.) $6,900 (2006 est.) note: data are in 2008 US dollars
|
GDP - composition by sector(%) | | agriculture: 9.2% industry: 65.8% services: 24.6% (2008 est.)
|
Labor force | | 7.569 million (2008 est.)
|
Labor force - by occupation(%) | | agriculture: 85% industry and services: 15% (2003 est.)
|
Unemployment rate(%) | | NA
|
Population below poverty line(%) | | 40.5% (2006 est.)
|
Household income or consumption by percentage share(%) | | lowest 10%: NA% highest 10%: NA%
|
Investment (gross fixed)(% of GDP) | | 9% of GDP (2008 est.)
|
Budget | | revenues: $28.99 billion expenditures: $21.44 billion (2008 est.)
|
Inflation rate (consumer prices)(%) | | 12.5% (2008 est.) 12.2% (2007 est.)
|
Stock of money | | $8.446 billion (31 December 2008) $4.153 billion (31 December 2007)
|
Stock of quasi money | | $10.41 billion (31 December 2008) $7.216 billion (31 December 2007)
|
Stock of domestic credit | | $7.893 billion (31 December 2008) $1.166 billion (31 December 2007)
|
Economic aid - recipient | | $441.8 million (2005)
|
Public debt(% of GDP) | | 15.5% of GDP (2008 est.) 12% of GDP (2007 est.)
|
Agriculture - products | | bananas, sugarcane, coffee, sisal, corn, cotton, manioc (tapioca), tobacco, vegetables, plantains; livestock; forest products; fish
|
Industries | | petroleum; diamonds, iron ore, phosphates, feldspar, bauxite, uranium, and gold; cement; basic metal products; fish processing; food processing, brewing, tobacco products, sugar; textiles; ship repair
|
Industrial production growth rate(%) | | 14.3% (2008 est.)
|
Current account balance | | $17.11 billion (2008 est.) $9.402 billion (2007 est.)
|
Exports | | $66.3 billion (2008 est.) $44.4 billion (2007 est.)
|
Exports - commodities(%) | | crude oil, diamonds, refined petroleum products, coffee, sisal, fish and fish products, timber, cotton
|
Exports - partners(%) | | China 33%, US 28.7%, France 6%, South Africa 4.6%, Canada 4.1% (2008)
|
Imports | | $17.08 billion (2008 est.) $13.66 billion (2007 est.)
|
Imports - commodities(%) | | machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles, military goods
|
Imports - partners(%) | | Portugal 17.6%, China 15.7%, US 11.3%, Brazil 7.6%, South Korea 6.8%, South Africa 4.8% (2008)
|
Reserves of foreign exchange and gold | | $18.36 billion (31 December 2008 est.) $11.2 billion (31 December 2007 est.)
|
Debt - external | | $14.09 billion (31 December 2008 est.) $8.357 billion (31 December 2007 est.)
|
Stock of direct foreign investment - at home | | $16.36 billion (31 December 2008 est.) $14.51 billion (31 December 2007 est.)
|
Stock of direct foreign investment - abroad | | $2.477 billion (31 December 2008 est.)
|
Exchange rates | | kwanza (AOA) per US dollar - 75.023 (2008 est.), 76.6 (2007), 80.4 (2006), 88.6 (2005), 83.541 (2004)
|
Currency (code) | | kwanza (AOA)
|
Telephones - main lines in use | | 114,300 (2008)
|
Telephones - mobile cellular | | 6.773 million (2008)
|
Telephone system | | general assessment: system inadequate; fewer than one fixed-line per 100 persons; combined fixed line and mobile telephone density exceeded 50 telephones per 100 persons in 2008 domestic: state-owned telecom had monopoly for fixed-lines until 2005; demand outstripped capacity, prices were high, and services poor; Telecom Namibia, through an Angolan company, became the first private licensed operator in Angola's fixed-line telephone network; Angola Telecom established mobile-cellular service in Luanda in 1993 and the network has been extended to larger towns; a privately-owned, mobile-cellular service provider began operations in 2001 international: country code - 244; landing point for the SAT-3/WASC fiber-optic submarine cable that provides connectivity to Europe and Asia; satellite earth stations - 29 (2008)
|
Internet country code | | .ao
|
Internet users | | 550,000 (2008)
|
Airports | | 192 (2009)
|
Pipelines(km) | | gas 2 km; oil 87 km (2008)
|
Roadways(km) | | total: 51,429 km paved: 5,349 km unpaved: 46,080 km (2001)
|
Ports and terminals | | Cabinda, Lobito, Luanda, Namibe
|
Military branches | | Angolan Armed Forces (FAA): Army, Navy (Marinha de Guerra Angola, MGA), Angolan National Air Force (Forca Aerea Nacional Angolana, FANA) (2009)
|
Military service age and obligation(years of age) | | 22-24 years of age for compulsory military service; conscript service obligation - 2 years; Angolan citizenship required (2009)
|
Manpower available for military service | | males age 16-49: 2,856,492 females age 16-49: 2,755,864 (2008 est.)
|
Manpower fit for military service | | males age 16-49: 1,467,833 females age 16-49: 1,411,468 (2009 est.)
|
Manpower reaching militarily significant age annually | | male: 146,738 female: 143,478 (2009 est.)
|
Military expenditures(% of GDP) | | 5.7% of GDP (2006)
|
Disputes - international | | Cabindan separatists continue to return to the Angolan exclave from exile in neighboring states and Europe since the 2006 ceasefire and peace agreement
|
Refugees and internally displaced persons | | refugees (country of origin): 12,615 (Democratic Republic of Congo) IDPs: 61,700 (27-year civil war ending in 2002; 4 million IDPs already have returned) (2007)
|
Electricity - production(kWh) | | 3.722 billion kWh (2007 est.)
|
Electricity - production by source(%) | | fossil fuel: 36.4% hydro: 63.6% nuclear: 0% other: 0% (2001)
|
Electricity - consumption(kWh) | | 3.173 billion kWh (2007 est.)
|
Electricity - exports(kWh) | | 0 kWh (2008 est.)
|
Electricity - imports(kWh) | | 0 kWh (2008 est.)
|
Oil - production(bbl/day) | | 2.015 million bbl/day (2008 est.)
|
Oil - consumption(bbl/day) | | 64,000 bbl/day (2008 est.)
|
Oil - exports(bbl/day) | | 1.407 million bbl/day (2007 est.)
|
Oil - imports(bbl/day) | | 28,090 bbl/day (2007 est.)
|
Oil - proved reserves(bbl) | | 9.04 billion bbl (1 January 2009 est.)
|
Natural gas - production(cu m) | | 680 million cu m (2008 est.)
|
Natural gas - consumption(cu m) | | 680 million cu m (2008 est.)
|
Natural gas - exports(cu m) | | 0 cu m (2008)
|
Natural gas - proved reserves(cu m) | | 269.8 billion cu m (1 January 2009 est.)
|
HIV/AIDS - adult prevalence rate(%) | | 2.1% (2007 est.)
|
HIV/AIDS - people living with HIV/AIDS | | 190,000 (2007 est.)
|
HIV/AIDS - deaths | | 11,000 (2007 est.)
|
Major infectious diseases | | degree of risk: very high food or waterborne diseases: bacterial and protozoal diarrhea, hepatitis A, typhoid fever vectorborne diseases: malaria, African trypanosomiasis (sleeping sickness) water contact disease: schistosomiasis (2009)
|
Literacy(%) | | definition: age 15 and over can read and write total population: 67.4% male: 82.9% female: 54.2% (2001 est.)
|
Education expenditures(% of GDP) | | 2.4% of GDP (2005)
|