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Angola
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. [...]
Published on 01.02.2021 at 05:00 GMT Reading time 2 minutes
Energy

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