Angola produced 1.3 million barrels of oil per day in 2020, the lowest level in the last decade. For comparison, in 2010, production reached a peak of around 1.8 million barrels daily. Though the African country still hast vast oil reserves, there is a lack of private and public investment.
Why did Angola develop a strategy for oil refining?
Besides the stimulus to increase exploration and production of crude oil and natural gas, Angola also developed a strategy to support the domestic oil refining sector. After all, despite the vast production of oil, the country constantly struggles to supply the national demand for refined products.
Where does sunflower oil come from?
Though this number may seem negligible compared to the top producers, the U.S. handles vast sunflower-growing land, resulting in substantial oil production. Among the top 20 sunflower oil-producing countries, a vast majority are from Europe and Asia, indicating a geographic concentration of production.
Which country produces the most sunflower oil?
Turkey comes fourth with an annual sunflower oil production of 721.9 thousand tons, closely followed by France with a production of 632.9 thousand tons. Hungary and Spain produce 566.1 thousand tons and 503.5 thousand tons of sunflower oil respectively. Romania in the eighth position, produces 454.6 thousand tons of sunflower oil.