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ANGOLA Issue dated 01/02/2021

Sonangol holds on to its stake in Portuguese 'money tree' Galp

Angolan state oil company Sonangol, unwilling to cut off its sources of fresh liquidity as it struggles with heavy debts, aims to hold on to its stake in Galp, particularly since the Portuguese energy company has invested in Mozambique's promising gas sector. [...] (414 words)
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