1. In Angola , a liter of petrol ⛽️ is going for about 0.327 USD while the same liter in the neighbouring Zambia is 1.163 USD

2. That is, a liter of petrol ⛽️ is costing 0.836 USD more in Zambia compared to Angola

3. Angola is among Africa's Top 4 largest producers of crude oil in Africa, and ranked 18th globally in December 2024

4. The country's production averages 1.2 Million Barrrels per Day (in 2024)

5. Angola's daily consumption is estimated as about 150,000 barrels per day of oil

6. Now, Angola exports has averaged 1.07 Million Barrrels per Day (in 2024) and generated 31.4 Billion USD

7. Angola's top exports market for the crude oil include China (47%), Spain (8%), Netherlands (6%) India (6%) and France (5%)

8. Now, Zambia imports nearly 2 Million MTs of petroleum products (2024 estimate), mainly from Middle East, nearly 7,000 KMs away worth nearly 1.8 Billion USD with a liter averaging 0.9 liter at landing (could slightly vary as this landing cost is my estimate)

9. Now, even if Zambia was to import petrol from Angola at pump price (0.327 USD), it would still save about 0.6 USD (compared from importing from UAE).

10. Zambia shares 1,110 KMs of border with Angola, and both are members of SADC and the distance between the two capitals us 2,300 KMs.
Intra Africa trade will play a big part in improving the living conditions of our people.
Wake up Africa, we have to think and act wisely.
1. In Angola 🇦🇴, a liter of petrol ⛽️ is going for about 0.327 USD while the same liter in the neighbouring Zambia 🇿🇲 is 1.163 USD 2. That is, a liter of petrol ⛽️ is costing 0.836 USD more in Zambia compared to Angola 3. Angola is among Africa's Top 4 largest producers of crude oil in Africa, and ranked 18th globally in December 2024 4. The country's production averages 1.2 Million Barrrels per Day (in 2024) 5. Angola's daily consumption is estimated as about 150,000 barrels per day of oil 6. Now, Angola exports has averaged 1.07 Million Barrrels per Day (in 2024) and generated 31.4 Billion USD 7. Angola's top exports market for the crude oil include China 🇨🇳 (47%), Spain 🇪🇸 (8%), Netherlands 🇳🇱 (6%) India 🇮🇳 (6%) and France 🇫🇷 (5%) 8. Now, Zambia imports nearly 2 Million MTs of petroleum products (2024 estimate), mainly from Middle East, nearly 7,000 KMs away worth nearly 1.8 Billion USD with a liter averaging 0.9 liter at landing (could slightly vary as this landing cost is my estimate) 9. Now, even if Zambia was to import petrol from Angola at pump price (0.327 USD), it would still save about 0.6 USD (compared from importing from UAE). 10. Zambia shares 1,110 KMs of border with Angola, and both are members of SADC and the distance between the two capitals us 2,300 KMs. Intra Africa trade will play a big part in improving the living conditions of our people. Wake up Africa, we have to think and act wisely.
0 Reacties 0 aandelen 137 Views
Gada Chat https://gada.chat