The APPA countries produce more than 98 percent of oil in Africa, with a combined daily production estimated at 10 million barrels per day.
Source: BRAZZAVILLE, Sept. 29, 2009 (Xinhua) African oil producers meet in Brazzaville on sustainable development --
The 16-member Association of Petroleum Producers in Africa (APPA) is holding an expert meeting in Brazzaville, the capital of the Republic of Congo, to discuss a common strategy for sustainable development.
The meeting, which runs from Monday to Wednesday, coincides with the 38th meeting of the APPA secretariat.
The experts are expected to examine a number of documents including a memorandum on the Eighth Action Plan of APPA 2011/2014.
A grouping of oil producing countries in Africa, the APPA sees much to be done to make it the best tool for socio-economic development for the people and the government of member countries.
" Despite the intended objectives of ensuring that the populations and the governments of the African countries benefit from the stocks of APPA, the association does not have, 22 years since its formation (1987), the required financial resources that can have an impact on the lives of the people and their development," said the representative of the Congolese hydrocarbon minister, Alfred Charles Sockath, at the opening of the meeting.
The 16 member states of APPA include Algeria, Angola, Benin, Cameroon, the Republic of Congo, the Democratic Republic of Congo, Cote d'Ivoire, Egypt, Gabon, Equatorial Guinea, Libya, Mauritania, Nigeria, South Africa, Sudan and Chad.
The APPA countries produce more than 98 percent of oil in Africa, with a combined daily production estimated at 10 million barrels per day.
Editor: Fang Yang
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