Africa Oil & Gas: Angolan tax revenue on oil exports rises in April to €760 M

angola-oil-sea--story-top

An oil offshore platform off the coast of Angola

Angolan fiscal revenue from oil exports increased 6.5% in April to more than 760 million euros, again approaching the highs at the beginning of the year, which was the best record in 16 months.

According to data from the Ministry of Finance’s latest monthly reports on revenues from oil sales, Angola exported 48,579,198 barrels of crude oil in March at an average price of $49.(source: Lusa)

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