Angola has 13 billion barrels of proven oil reserves, the country's vice minister for petroleum, Anibal Silva, said Tuesday, almost 4 million barrels more than the estimates made by the Organization of the Petroleum Exporting Countries.

"Right now our crude production is about 1.7 million barrels per day…and our reserves are almost 13 billion barrels," Mr. Silva said at the World Energy Congress in South Korea .

OPEC said in its annual statistical bulletin that Angola had 9.06 billion barrels of oil reserves at the end of last year.

Mr. Silva said the country will increase its oil production to 2 million barrels a day by 2015 from the current 1.7 million barrels a day.

Angola , which initially intended to increase its oil production to 2 million barrels a day this year, expects its production to average 1.75 million barrels a day by the end of 2013, he added.
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