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French Version
03/03/2010
Africa Energy Intelligence
N°623
ANGOLA
The World is Sonangol’s Oyster
On the strength of its robust cash position, Angola managed to briefly overtake Nigeria as Africa’s leading oil producer last year and is now thinking in global terms. To be sure, the national oil company Sonangol is acquiring stakes in oil and gas projects across the globe and re-investing its profits in up-market real estate projects via its subsidiary China Sonangol. (...)
[631 words]
[€8]
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