President holds talks with Angola counterpart

Wednesday 1st August 2012

President Yoweri Museveni has held talks in Luanda, capital of Angola, with his Angolan counterpart, President Jose Edourdo dos Santos. Mr. Museveni arrived in the Southern Africa country yesterday on a 2-day official visit.

During their discussions, the 2 leaders delved into bilateral and regional issues.

President Museveni commended his host President dos Santos and the people of Angola for a job well done in the reconstruction of Angola’s national economy which, he said, was growing at a very high rate.

Angola, a former Portuguese colony that gained independence from Lisbon on 11th November 1975, has this year overtaken Nigeria as Africa’s largest and the world’s eighth largest oil producer.

Currently, Angola’s oil output stands at over 1.9 million barrels per day of high quality crude oil from onshore and near-shore oil fields up from 900,000 barrels per day in 2002 and from 500,000 barrels per day in 1993.

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