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Angola joins Opec but production will rise

ANGOLA became the 12th full member of Opec on 1 January – just after the start-up of Total's Dalia field, which will give another surge to the country's output. For the moment, the country is not subject to an Opec production limit. The December meeting at which it was voted-in put off discussion of this contentious issue until the next scheduled meeting, in March. Accommodating Angola's rising production – it should increase from nearly 1.5m barrels a day (b/d) at present to 2.0m b/d next year, from developments already being implemented – will be difficult for Opec because other members have been making cases for an increase. However, production constraints will be strongly opposed by the

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