Angola Advised to Cut Oil-Block Size to Generate More Tax
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Angola’s former Petroleum Minister Albina Faria de Assis Pereira Africano urged the nation to study cutting the size of oil blocks to generate more tax revenue.
The country should also bring in an oil supervisory body that doesn’t operate fields itself, according to Africano, who was the first chairman of state oil company Sonangol in 1991 to 1992 and now advises President Jose Eduardo dos Santos. Her recommendations were detailed in a book published yesterday.