Angola

Country Information

Continent Africa
GDP (2012 est.) $123.1 billion (2012 est.)
Currency & Exchange Rate kwanza (AOA) per US dollar 95.47
Dialling Code
+244

Exploration & Production Companies

Sonangol Group.

Oil fields greater than 1 billion barrels

Kizomba Complex, Dalia (oil), Belayim, Zafiro.

International Tax Regime

Territorial Taxation: foriegners and residents taxed on local income; residents not taxed on overseas income.

Witholding Tax

Crude oil - production(bbl/day) 1,872,000
Crude oil - exports(bbl/day) 1,928,000
Crude oil - imports(bbl/day) 0
Crude oil - proved reserves(bbl) 10,470,000,000
Refined petroleum products - production(bbl/day) 38,760
Refined petroleum products - consumption(bbl/day) 79,430
Natural gas - production(cu m) 752,000,000
Natural gas - proved reserves(cu m) 366,000,000,000

Climate

Semiarid in south and along coast to Luanda; north has cool, dry season (May to October) and hot, rainy season (November to April).

Location

Southern Africa, bordering the South Atlantic Ocean, between Namibia and Democratic Republic of the Congo.

CCL Country Manager

Contact Details

Name:

Direct:

Email:

LinkedIn:

Jordan Blake

+44 (0) 208 333 4154

jordan.blake@cclglobal.com

 

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