Despite taking advantage of cheap Russian oil, China remains largest importer of Angolan crude, taking nearly half African republic’s production.
Angola oil exports
Figures for this year equally promising, having reached US$14.42 billion by end of June; oil and ornamental stones head Angolan exports.
Oil price averages US$113 per barrel, with 1,139 million barrels exported daily; China imports more than 54% of total output.
