Nigeria and Sao Tome sign crude oil supply agreement

Sep 09, 2002 02:00 AM

Nigerian and Sao Tome signed a crude oil supply agreement to further consolidate the Joint Development Zone (JDZ) pact signed last year. Nigeria will supply Sao Tome with 40,000 bpd, and will also assist with the construction of a refinery and a deepwater port.
The two JDZ partners will soon offer 10 deepwater blocks for sale.

Source: Nigerianoil-gas.com
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