Fri, 21 Apr 2017 12:02 - Updated Fri, 21 Apr 2017 12:02
Angola: Oil export revenues increases to over AKZ 22 billion
Luanda - At least 132.9 billion kwanzas were reaped in March this year with the export of 47.4 million oil barrels, according to the report from the Ministry of Finance that reached Angop on Thursday.
Send by email
To share this news by email, fill out the information below and click Send
To report errors in the texts of articles published, fill out the information below and click Send
Plataforma de Petróleo em actividade no Offshore angolano
In comparison to February, it was recorded an increase of 22.4 billion kwanzas, as that period enabled the collection of 110.5 billion kwanzas achieved through the export of 47.47 million of oil barrels.
According to the report, Brent crude oil was exported in average amount of USD 51.769 against the USD 52.885 recorded in the period of comparison of the outcomes.
The said revenues were raised from the revenues of the Oil Income Tax, Oil Production Rate and Oil Transaction Taxes, besides the national companies, which total 12.
Until last February, Angola was still in the lead of the oil producing countries in Africa, even having recorded a fall of production equivalent to 18.2000 oil barrels per day, according to data from the Organization of the Petroleum Exporting Countries (OPEC).
- 12/04/2017 17:14:45
Luanda - The Angolan oil industry should turn to local content, given the context of crisis which requires a need for reduction of imports, said Wednesday in Luanda the deputy director general of Total Angola, Pedro Ribeiro.
- 08/04/2017 12:07:53
Luanda - Angolan minister of Finance Archer Mangueira is in Huambo for a 48-hour visit to inquire about the budgetary and financial situation with the local authorities.
- 06/04/2017 19:18:13
Luanda - Angola’s Sonangol Shipping company has purchased two Suexmax oil tankers with a capacity for one million barrels each, rising to 12 the number of vessels available in the country for the transportation of crude oil.