[OpenSpending] New report from NRGI on African Oil and Swiss Trading Companies

Rufus Pollock rufus.pollock at okfn.org
Thu Oct 9 09:21:58 UTC 2014


The sale of crude oil by governments and their national oil companies
(NOCs) is one of the least scrutinized aspects of oil sector governance.
This report is the first detailed examination of those sales, and focuses
on the top ten oil exporting countries in sub-Saharan Africa. From 2011 to
2013, the governments of these countries sold over 2.3 billion barrels of
oil. These sales, worth more than $250 billion, equal a staggering 56
percent of their combined government revenues.

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