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Friday, September 27, 2013

China wins $2 billion oil deal in Uganda

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China wins $2 billion oil deal in Uganda
Sep 28th 2013, 00:00

Kampala AFP - Chinas state-owned CNOOC has secured a 2-billion deal to develop a petroleum field in Uganda and help propel the east African nation into the club of oil-producing countries, an official said Friday.This is a major breakthrough as a country, Ugandas junior energy minister Peter Lokeris told AFP, confirming that a deal had b ...

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