{"id":456692,"date":"2018-01-15T15:32:09","date_gmt":"2018-01-15T15:32:09","guid":{"rendered":"https:\/\/www.financialafrik.com\/?p=456692"},"modified":"2018-01-15T15:32:09","modified_gmt":"2018-01-15T15:32:09","slug":"congo-expects-2018-oil-production-of-117-million","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/01\/15\/congo-expects-2018-oil-production-of-117-million\/","title":{"rendered":"Congo expects 2018 oil production of 117 million"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><div class=\"td-post-content\">\n<div class=\"td-post-content\">\n<p>Republic of Congo: Oil Production Could Reach 117 Million Gross Barrels in 2018 According to Government Budget Estimates<\/p>\n<p>According to a source close to the Congolese Ministry of Finance, with this expected production of 117 million barrels and the price of a barrel of Congolese crude amounting to 60 dollars, the Congo intends to rake in 2018 oil revenues of more than 749 billion F CFA.<\/p>\n<p>These oil revenues are up sharply by some 357 billion CFA francs compared to the 2017 year, which recorded a low income of some 391 billion F CFA.<\/p>\n<p>They represent 2 \/ 3 of national GDP, 75% of government revenue and 90% of export earnings.<\/p>\n<p>Oil is Congo&#8217;s main source of income, which, with a production of about 350.000 barrels of crude per day, has risen to the 4 rank of sub-Saharan African producers.<\/p>\n<\/div>\n<\/div>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Republic of Congo: Oil Production Could Reach 117 Million Gross Barrels in 2018 According to Government Budget Estimates According to a source close to the Congolese Ministry of Finance, with this expected production of 117 million barrels and the price of a barrel of Congolese crude amounting to 60 dollars, the Congo intends to rake<\/p>\n","protected":false},"author":533179,"featured_media":456677,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12028],"tags":[12098,12912],"class_list":{"0":"post-456692","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-energy","8":"tag-congo-en","9":"tag-oil-production","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Congo expects 2018 oil production of 117 million - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/01\/15\/congo-expects-2018-oil-production-of-117-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Congo expects 2018 oil production of 117 million\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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