{"id":48535,"date":"2014-07-28T18:31:00","date_gmt":"2014-07-28T20:31:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/mauritanias-oil-revenues-at-us-12-million-in-june\/"},"modified":"2024-02-21T22:27:26","modified_gmt":"2024-02-22T01:27:26","slug":"mauritanias-oil-revenues-at-us-12-million-in-june","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/mauritanias-oil-revenues-at-us-12-million-in-june\/","title":{"rendered":"Mauritania\u2019s oil revenues at US$ 12 million in June"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Oil revenues stood at US$ 12 million in June in Mauritania , an Arab country in North Africa, according to the African news agency <em>Panapress<\/em>. Output amounted to 200,000 barrels, produced at the offshore Chinguetti field, located 70 kilometres away from the capital Nouakchott.<\/p>\n<p>It is the only active field in Mauritania, which started producing oil recently. Last month, output averaged at 6,380 barrels per day, a slight decline over May, according to a government report.<\/p>\n<p>The National Fund for Hydrocarbon Reserves had a balance of US$ 87.2 million in June, according to the report, and remained flat compared with May. The fund is a government account with a foreign bank, managed by the Mauritanian Central Bank, where oil industry revenues are kept. <\/p>\n<p>The commodity is one of Mauritania&rsquo;s export products, aside from iron ore, fish, gold and copper. The country grossed US$ 2.7 billion in export revenues in 2013, according to the World Factbook of the United States&rsquo; Central Intelligence Agency (CIA).<\/p>\n<p>Mauritania is rich in natural resources such as iron, gold, copper, gypsum, phosphate and uranium, as well as oil and natural gas. Extractive industry products account for 75% of exports.<\/p>\n<p>Despite the growing oil exploration, half the population make a living out of agriculture and livestock. The country&rsquo;s coastal waters are among the world&rsquo;s most prolific fishing areas and account for 20% of Mauritania&rsquo;s budgetary revenues. <\/p>\n<p>Mauritania had a Gross Domestic Product (GDP) of US$ 4.1 billion last year and its leading trade partner for exports and imports is China. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-186373\">Alexandre Rocha\/ANBA 01.12.2011<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The entire output, 200,000 barrels, originated from the only field in operation, Chinguetti. The country is mineral resource-rich, but half the population lives on agriculture and livestock farming.<\/p>\n","protected":false},"author":2316,"featured_media":186373,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-48535","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"The entire output, 200,000 barrels, originated from the only field in operation, Chinguetti. The country is mineral resource-rich, but half the population lives on agriculture and livestock farming.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=48535"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/48535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/186373"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=48535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=48535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=48535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}