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Angola state oil firm finds gas in Kwanza basin

Published June 22, 2016 Updated June 22, 2016 08:19am

1 min

By Parvez Jabri

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LUANDA: Angolan state oil company Sonangol has discovered gas reserves in the offshore Kwanza basin that it says could total 813 million barrels of oil equivalent in a block in which BP has a stake.

Sonangol said Block 20/11 held an estimated 313 million barrels of condensate and 2.8 trillion cubic feet of gas.

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