The Petroleum Fund Consultative Council (PFCC) is established by the Petroleum Fund law.
The PFCC provides advice and oversight to National Parliament on matters relating to the
Petroleum Fund. When advising Parliament, the PFCC takes into account the overall
objective that the Petroleum Fund as a fund of income from the exploitation of
non-renewable petroleum resources for the benefit of current and future generations.
For the purpose of advising Parliament, the PFCC consults widely in the community and,
to this end, holds annual forums on issues relating to the Petroleum Fund.
PFCC Members
Members of the PFCC include former Presidents of the Republic, former Speakers of the
Parliament, former Prime Ministers, former Ministers in charge of finance, former
Governors of the Central Bank, two members appointed by Parliament, two members
appointed to represent civil society non-profit organisations, a member appointed to
represent the private business sector, and a member appointed to represent religious
organisations.
The President of the Republic, the President of Parliament, and the Prime Minister,
respectively, appoint members to fill vacancies if no appointment is made for former
Presidents of the Republic, Speakers of Parliament, Prime Ministers and Ministers in
charge of finance.
The tenure of the PFCC members is 5 years non-renewable. For the details of the PFCC
roles, please see the Petroleum Fund law
The current members of the PFCC are:
- Juvinal Dias
- Nuno Eugénio Goulart
- Izilda Imanuela da Luz Pereira Soares
- Pe. Mouzinho Pereira Lopes
- Hernani Agostinho Soares
- Martinha da Silva de Jesus Pinto
Updated; 06 July 2026