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Angola says it is leaving OPEC

World News

21-12-2023 | 09:47

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Angola says it is leaving OPEC

Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) because membership is not serving its interests, oil minister Diamantino Azevedo said on Thursday.

Angola, which joined OPEC in 2007, produces about 1.1 million barrels of oil per day, compared with 28 million bpd for the whole group.

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