Angola: 40% of under fives suffer chronic malnutrition - survey
Angola’s state oil firm says finds offshore reserves
11:44 CAT | 14 Apr 2016
Reuters / A woman walks past the head office of Angolan state oil company Sonangol in the capital Luanda, August 26, 2012. Picture taken August 26, 2012.
Angola’s state oil company Sonangol said it has found oil and gas reserves in the Kwanza basin that could total 2.2 billion barrels of oil equivalent, including in a block it jointly owns with BP.
Block 24, operated by BP, holds an estimated 280 million barrels of condensate and 8 trillion cubic feet of gas, totalling 1.7 billion barrels of oil equivalent, Sonangol said in a statement seen by Reuters on Thursday.
Sonangol said that Block 20, which it operates, is also commercially viable and contains an estimated 139 million barrels of condensate and 2.5 trillion cubic feet of gas, totalling 570 million barrels of oil equivalent.
Source: Reuters
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.