Sentences with phrase «oil export accounting»

The NNPC recorded total export proceeds of 170.12 million dollars in the month under review with crude oil export accounting for 98.31 million dollars, while gas export accounted for 71.81 million dollars.

Not exact matches

In 2013, oil and gas accounted for 68 % of Russia's total exports, while duties on those exports, combined with taxes on mining, accounted for 50 % of the federal government's revenue.

Morgan Stanley also noted that oil and gas exports account for nearly 16 percent of Malaysia's gross domestic product (GDP), and the sector has been hard hit by crude prices falling below $ 50 a barrel again.

Considering that Canada's oil and gas exports to the U.S., worth $ 92 billion in 2010, account for more than half of Canadian production of those commodities — and nearly a quarter of Canada's total merchandise exports — this is an ominous turn of events for Canada as well.

The Russian economy still depends in large measure on sales of oil and gas, which account for about two - thirds of exports and Indonesia became the latest Asian casualty when its currency caved to fresh 16 - year lows.

But possibly the most significant and ambitious goal in Vision 2030 is to wean the kingdom's economy off of oil exports, which accounted for roughly 87 percent of total budget revenues as of December 2016.

Oil accounts for over 95 percent of Venezuela's export earnings, so the collapse has been acutely felt in the South American OPEC nation.

Behind Germany and ahead of some of the oil producers, it runs the largest current account surplus in the world, which means that it is exporting its excess savings in a world that has nowhere to put the money, and so the world must respond either with speculative asset bubbles, unproductive investment, debt - fueled consumption binges or unemployment.

«Based on the Saudi current - account balance, Aramco had revenues of $ 160 billion last year from just oil and refined products exports when the average price of oil was $ 43 a barrel,» Fareed Mohamedi from the Rapidan Group said.

We anticipate that the current account will be placed firmly into deficit territory in 2015, given the sharp decline in oil export revenue.

«We anticipate that the current account will be placed firmly into deficit territory in 2015, given the sharp decline in oil export revenue,» Stephen Bailey - Smith, head of Africa research at Standard Bank, wrote in an African Markets Revealed report released in January.

Oil imports into Canada account for about 20 - 25 percent of the total exports, with the US meeting more than 50 percent of the import requirements.

Oil exporters are likely to be hit the hardest, with the IMF pointing out that, relative to the 2004 - 2008 period, GDP growth in the average oil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digiOil exporters are likely to be hit the hardest, with the IMF pointing out that, relative to the 2004 - 2008 period, GDP growth in the average oil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digioil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digits.

Oil and gas viagra générique fiable exports account for 50 percent of its federal budget and 70 percent of export revenues before the collapse of oil prices in 20Oil and gas viagra générique fiable exports account for 50 percent of its federal budget and 70 percent of export revenues before the collapse of oil prices in 20oil prices in 2014.

Bloomberg reports that the country is the bloc's smallest oil producer, but the sector accounts for roughly 40 percent of Gabon's GDP, 45 percent of government revenues, and nearly 85 percent of exports.

«The EU's relationship with Nigeria is significant not only because Europe remains the top destination for Nigeria's oil and non-oil exports, but also because the region accounts for nearly one - third of Nigeria's total trade.

As oil accounts for 95 % of Libya's export earnings, and the industry contributes to over 70 % of national GDP, these questions will surely dominate the debate over Libya's future over the months to come.

Oil accounts for 98 per cent of exports and 80 per cent of the countries fiscal revenues.

Dangote, whose cement unit is Nigeria's biggest listed company, has been investing in agriculture as the country's government seeks to diversify away from oil, which accounts for 90 percent of the nation's export earnings and the bulk of revenue.

As it is, oil accounts for more than half of Ecuador's exports as well as one - third of the government's budget.

Fish products account for 14 per cent of Norway's exports, excluding oil, says Knutsen, so threats of sanctions are «receiving attention» in Oslo.

Oil, natural gas, metals and timber account for over 80 % of Russia» exports.

«The top five exporting countries accounted for 59 percent of United States crude oil imports in April while the top ten sources accounted for approximately 80 percent of all U.S. crude oil imports.»

Oil and gas account for 40 % of Norway's total exports and up to 16 % of GDP, depending on world oil pricOil and gas account for 40 % of Norway's total exports and up to 16 % of GDP, depending on world oil pricoil prices.

Its economy to a large extent depends on worldwide demand for those resources - oil alone accounts for 40 % of all exports.

In 2004, the SFO started an investigation into suspected accounting irregularities relating to BAE and a government to government deal struck in 1985: Britain signed the Al - Yamamah arms for oil deal with Saudi Arabia, the biggest ever UK export contract involving the sale of 120 Tornado fighter jets.