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Feature Feb 2003

A million barrels a day in sight

This year, oil production from Angola should exceed 1m barrels a day for the first time, and is set to double over the following five years as six or more multi-field deep-water developments start flowing. With its destructive civil war over and with a new importance as a supplier of oil to the US, foreign investment should rise rapidly – but some policy and corporate issues must first be resolved, Martin Quinlan writes

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