Tuesday, April 5, 2011

The Growing Role of Angolan Oil

From the Finance China article: "Angola Becomes Largest Oil Import Source." Accessed 5 April, 2011 http://news.fnchn.com/Angola_becomes_largest_oil_80450.aspx According to this article from last year, Angola topped Saudi Arabi in crude oil exports to China. - The imports for the first half of 2010 were at 21.7m metric tons, up 75.86% from the same period in 2009 - Saudi Arabia exported 20.26m metric tons of crude tons for the same period (up 12.49 from 2009)

- This contradicts the chart we posted earlier. It would be great to find some reliable source of data that might serve as a point of departure, at least in terms of statistics.


- In any case, this introduces a whole new debate - China's involvement in Africa

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1 comment:

  1. ashe_cookApril 5, 2011 at 7:23 PM

    Jakub, the report below from the EIA analysis on China was last updated November 2010, your article is from 2011 so it is very possible that Angola has surpassed Saudi Arabia in exports since then, considering that they are China's 2 greatest sources of oil.

    I think it will be great to further highlight China's role in Africa, in Angola and other countries

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