IN GABON, THE COMEDY CONTINUES? AU GABON, LA COMEDIE SE POURSUIT !
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APPARENTLY GABON DOES NOT RESPECT ITS PRODUCTION QUOTAS WITHIN OPEC! APPAREMMENT LE GABON NE RESPECTE PAS SES QUOTAS DE PRODUCTION AU SEIN DE L’OPEP !
English version
According to Africa Intelligence, Gabon is with Congo Brazzaville, the dunce of OPEC, because it does not respect the rules decided by OPEC for a drop in world production of 10% which should stimulate an increase in prices. Gabon would have seen its throughput soar, going from 187,000 b / d in 2018 to 226,000 b / d in May 2020; while they were asked not to exceed 144,000 b / d.
Pressured by OPEC to cut production, the Gabonese petroleum ministry is now putting pressure on the oil companies.
Indeed, Gabonese Minister of Petroleum Vincent de Paul Massassa, reportedly asked his director of hydrocarbons Jean-Félix Obamba, to obtain from the oil companies a reduction in their production of at least 20%. Maurel & Prom would have already agreed to drop from 28,000 to 22,000 b / d. Assala Energy, on the other hand, has not yet reacted. Total also has not yet applied the drop in production.
The good students in Africa, having scrupulously respected their quota, are Algeria and …
According to Africa Intelligence, Gabon is with Congo Brazzaville, the dunce of OPEC, because it does not respect the rules decided by OPEC for a drop in world production of 10% which should stimulate an increase in prices. Gabon would have seen its throughput soar, going from 187,000 b / d in 2018 to 226,000 b / d in May 2020; while they were asked not to exceed 144,000 b / d.
Pressured by OPEC to cut production, the Gabonese petroleum ministry is now putting pressure on the oil companies.
Indeed, Gabonese Minister of Petroleum Vincent de Paul Massassa, reportedly asked his director of hydrocarbons Jean-Félix Obamba, to obtain from the oil companies a reduction in their production of at least 20%. Maurel & Prom would have already agreed to drop from 28,000 to 22,000 b / d. Assala Energy, on the other hand, has not yet reacted. Total also has not yet applied the drop in production.
The good students in Africa, having scrupulously respected their quota, are Algeria and …
IN GABON, THE REGIME IS HAPPY TO STAY STILL! AU GABON, LE RÉGIME SE REJOUIT DE FAIRE DU SUR-PLACE !
English version
Dear readers, as you can see above, in June 2018, the rating agency Moody’s granted Gabon a rating of Caa1. A year later in June 2019, Gabon received the same poor rating from the same agency. Now, the ratings for June 2020 have just been released and reveal that Gabon still received the same poor rating of Caa1. But curiously, the Gabonese Minister of Economy is climbing on electric poles with happiness because he has received the same poor notation for the third consecutive year!
But what's wrong with the dunces who run us?
It is a bit as if a student who receives an average of 7/20 in the first quarter, then another 7/20 in the second quarter and another 7/20 in the third quarter, goes to their parents smiling and asking them to for gifts because he would consider himself to be very consistent!
Please!
Version française
Chers lecteurs, comme vous pouvez le constater ci-dessus, en Juin 2018, l’agence de notation Moody’s a octroyé au Gabon une note de Caa1. Un an plus t…
Dear readers, as you can see above, in June 2018, the rating agency Moody’s granted Gabon a rating of Caa1. A year later in June 2019, Gabon received the same poor rating from the same agency. Now, the ratings for June 2020 have just been released and reveal that Gabon still received the same poor rating of Caa1. But curiously, the Gabonese Minister of Economy is climbing on electric poles with happiness because he has received the same poor notation for the third consecutive year!
But what's wrong with the dunces who run us?
It is a bit as if a student who receives an average of 7/20 in the first quarter, then another 7/20 in the second quarter and another 7/20 in the third quarter, goes to their parents smiling and asking them to for gifts because he would consider himself to be very consistent!
Please!
Version française
Chers lecteurs, comme vous pouvez le constater ci-dessus, en Juin 2018, l’agence de notation Moody’s a octroyé au Gabon une note de Caa1. Un an plus t…