Staatsolie reports turnovers above $ 1billion for 3rd time

SURINAME – For the third time in a row the State Oil Company Suriname (Staatsolie) is ending its fiscal year with a turnover of about 1 billion American dollars. In 2014 the company hauled $ 1.056 in turnovers which was 3 % higher than the turnovers of  the previous year. The increased turnover is the result of the 19% increase in the sales of Staatsolie products and the 60% expansion of the electricity that is being generated by the Staatsolie Power Company Suriname N.V. (SPCS)…[+]