Energy Reports

Angola energy report

Angola energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Angola energy market data.

Angola energy report
Update: December, 2019
Format: 2 files (PDF report, Excel file)
Pages: 30 (Report only)
Delivery: Immediate by e-mail


Overview

Angola energy market report offers an incisive and reliable overview of the energy sector in Angola. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2018 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Petroleum (MINPET) is in charge of the country's oil and gas activities. The Ministry of Energy and Water (MINEA) manages the electricity sector.

    As the 2nd largest oil producer in Africa and in the top 17 largest worldwide (2018), Angola aims to increase activities in the oil sector and hopes to develop its gas resources. Angola joined OPEC in 2007.

    The oil ...

  • Energy Companies

    Gas:

    Angola LNG, Angola Liquefied Natural Gas Limited (Chevron operator 36.4%, Sonangol 22.8%), BP, ENI and Total (13.6% each) owns the onshore LNG liquefaction plant.

    Chevron operates Block 0 with a 39% stake (Exxon Mobil 20%, Total 10%, Eni 9,8%).

    Total operates Block 17 with a 40% stake.

    ExxonMobil operates Block 15 with a 40% stake (BP 26.67%, Eni 20%, Equinor 13.33%).

  • Energy Supply

    Resources:

    Angola has an enormous gas potential, with estimated reserves of 384 bcm (end of 2018).

    Proven oil reserves are estimated at 1.3 Gt (end of 2018). The country also has an important hydroelectric economic potential, estimated at 65 TWh/year.

  • Energy Prices

    Electricity:

    The government adopted a 14% VAT tax to replace the Consumption Tax in October 2019. The adoption of this tax and a cut on subsidies on electricity led to a 97% average readjustment of power tariffs, to an average of AOA 12.82/kWh. Residential consumers with consumption under 200 kWh (category 2) were submitted to a tariff of AOA 6.41/kWh (from AOA 3/kWh previously), general residential ...

  • Energy Consumption

    Overall per capita energy consumption is around 0.5 toe. Per capita electricity consumption is approximately 322 kWh (2018).

    Total energy consumption has been decreasing since a peak in 2014 (17.4 Mtoe) because of the recession to 15 Mtoe in 2018 (-15% compared to 2014). Before, it increased by 10%/year between 2006 and 2014, driven by the demand from households and ...

  • Issues & Prospects

  • GENERAL OVERVIEW
  • INSTITUTIONS AND ENERGY POLICY
  • ENERGY COMPANIES
  • ENERGY SUPPLY
  • ENERGY PRICES
  • ENERGY CONSUMPTION
  • ISSUES AND PROSPECTS
  • DATA TABLES
  • ABBREVIATIONS
  • GLOSSARY
Download the Table of Contents

In the Angola market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2018, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2018, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Consumption trends by energy source (Mtoe)
  • GRAPH 7: Total consumption market share by energy (2018, %)
  • GRAPH 8: Final consumption market share by sector (2018, %)

In the Angola market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Angola market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2018 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Angola Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Angola energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).


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