In Angola,Jos Maria Botelho de Vasconcelos offshore use dates back to his first term as petroleum minister between 1999 and 2002. Mossack Fonescas records show that on March 6, 2002, Botelho de Vasconcelos was listed as one of two individuals who had power of attorney for Medea Investments Limit
When the price is high, its not good, Angolan Oil Minister Jos Maria Botelho de Vasconcelos told The Wall Street Journal ahead of the International Energy Forum this week.
In Doha, the oil minister of Qatar, Mohammed Saleh Al Sada, said OPEC was watching the situation in Libya and would step in if necessary, but there was "no need for nervousness" about supply. "[Oil] supply and stocks are at comfortable levels," he said. In an interview in Houston, Angola's oil minister, Jos Maria Botelho de Vasconcelos, said he is "concerned" by the higher prices, though he maintained that the oil market is well supplied.