Glossary entry

French term or phrase:

exportateur net de pétrole

English translation:

a net exporter of petroleum

Added to glossary by Yolanda Broad
Jan 30, 2007 13:09
17 yrs ago
French term

exportateur net de petrole

French to English Bus/Financial Economics
Context is a piece about West African economics - 'Le Nigeria, avec...d'importantes ressources pétrolières (la région grâce à lui est un exportateur net de pétrole).

I'm unsure of the correct translation for 'net' in this context - my current effort is 'a net oil exporter' but I'm not convinced that this is right
Proposed translations (English)
4 -1 a net exporter of petrol
5 +3 net exporter of petroleum
4 +2 net exporter of oil

Discussion

Terry Richards Jan 30, 2007:
Thanks to Nigeria, the REGION is a net exporter of oil. I.E. the region exports more oil than it imports.

Proposed translations

-1
5 mins
Selected

a net exporter of petrol

You have the right idea - Nigeria has a huge amount of oil and exports most of it, but in its refined state it is also a net export.

--------------------------------------------------
Note added at 14 mins (2007-01-30 13:23:38 GMT)
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The mass mobilisation to keep down the petrol price was triggered by the government in September increasing it still further than the 23% it has risen in recent months - namely from $1.19 a gallon to $1.50):

"While Nigeria virtually floats on oil, it still imports petrol and diesel fuel, which is then sold to the public at subsidised prices, a system of colossal waste that defies logic. Within Nigeria there are frequent allegations that fuel is being imported from foreign companies connected to former Nigerian leaders and politicians, a possible explanation for the lack of a domestic fuel production industry.
http://www.lalkar.org/issues/contents/nov2004/nigeria.html
Peer comment(s):

disagree rkillings : It's not "petrol" ('essence', a refined product) but "petroleum" or crude oil.
3 days 11 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks Kate - that makes sense and the attached article is very helpful. "
+3
3 mins

net exporter of petroleum

In this context, "net" means that all the petroleum produced in a country is exported.

On the other hand, a net importer is a country that buys all petroleum needed because they don't have a single hole where to extract petroleum from.
Peer comment(s):

agree Terry Richards : With the definition. The explanation is wrong - net exporter means they export MORE than they import.
2 mins
Thanks. And thanks for the explanation. Lesson learnt.
agree Mark Solomon : As Terry above. Net just means they export more than they import
7 mins
Thanks. And thanks for the explanation. Lesson learnt.
agree Vicky Papaprodromou
1 hr
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+2
4 hrs

net exporter of oil

Please note that "petrole" is a faux ami here, it would not (usually) mean "petrol" = "gasoline", but rather "crude oil", "petroleum", or better still, just "oil" (cf. OPEC = Oil Producing & Exporting Countries)

To translate using petrol risk someone misreading it as "gasoline", which I presume is NOT the intended meaning here
Peer comment(s):

agree Bourth (X) : Absolutely! But one must -mustn't one? - have faith in an asker's rationale for preferring one answer to another ;-(
7 hrs
Thanks, Alex! Well, given that askers have asked the question in the first place because they didn't know, one perhaps may wonder if they are best placed to judge...?
agree rkillings
3 days 7 hrs
Thanks, RKillings!
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