Examples of 'petroleum fund' in a sentence
Meaning of "petroleum fund"
A petroleum fund is a financial vehicle used by governments to manage revenues from the sale of petroleum products. These funds are often established to save and invest oil revenues for future generations, stabilize government budgets, or support social programs. The fund's assets can include stocks, bonds, real estate, and other investments
How to use "petroleum fund" in a sentence
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petroleum fund
The suggestion that capital could come directly from the Petroleum Fund has some worried.
The Petroleum Fund will exhaust in the near future.
Whether the investment policy of the Petroleum Fund is ethical.
Petroleum Fund of Timor-Leste.
Collaborate with entities involved in the management of the Petroleum Fund.
Norway sets up Petroleum Fund ethics council.
Some of this investment could well come from the Petroleum Fund.
The revenues are held in the Petroleum Fund established in 2005.
Consequences of introducing special ethical guidelines for the management of the Petroleum Fund.
Under General Sani Abacha, a large part of the Petroleum Fund went to the armed forces.
All the revenues from the country 's extractive sector are deposited in the Petroleum Fund.
And the Timorese Government needs to use the Petroleum Fund to help it do so.
Spending unsustainably will empty the Petroleum Fund.
Today, we have a few billion dollars in our petroleum fund.
Timor-Leste's economy is supported largely by oil revenues with a Petroleum Fund amounting to $15 billion.
See also
Its name changed in January 2006 from the Petroleum Fund of Norway.
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Petroleum import and sales tax levy
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