Angola bides its time on pre-salt potential as gas exports beckon

With oil and gas production generating huge revenues, Angola is relaxed about the next phase of its hydrocarbons development, which will take companies deeper into the offshore pre-salt. Petroleum minister Vasconcelos envisages crude output rising to well over 2m b/d, alongside new efforts to secure gas reserves for the nascent LNG export industry, write John Hamilton and Jon Marks