HomeAfricaMauritania: Govt. earned US$ 69.13 million from oil in 2013

Mauritania: Govt. earned US$ 69.13 million from oil in 2013

Mauritania earned US$ 69.13 million from the sale of 2.45 million of barrels of oil in 2013, PANA reported here Sunday, quoting official sources.

The sources said that the revenue came from the only functional oil field in the country — at Chinguetti, about 70 km off the coast of Nouakchott.

It is being exploited by about 10 foreign companies regrouped in a pool since 2007 who produce about 204,565 barrels of oil per month.

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