English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 16:37, October 19, 2005
Angolan state oil firm launches seven offshore block auctions
font size    

Angolan State Oil Company (SONANGOL) has announced that it will launch licensing rounds in seven offshore oil blocks by December 13.

SONANGOL, concessionaire to all hydrocarbon deposits in the Angolan territory, said it is seeking bids to operate offshore Blocks 1, 5, 6 and 26.

Fresh exploration rights will also be awarded in Blocks 15, 17 and 18, said the Angolan state oil operator.

Angola is sub-Saharan Africa's second oil producer, pumping about 1.1 million barrels of crude daily.

SONANGOL said earlier this year that Angola's petroleum production will hit 2 million barrels a day by 2008.

Source: Xinhua

Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this

- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News

Online marketplace of Manufacturers & Wholesalers
Copyright by People's Daily Online, all rights reserved