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Sao Tome Still
Not Ready for Joint Exploration with Equatorial Guinea
03-11-2008
Sao Tome and
Principe has signed a cooperation agreement with Equatorial Guinea covering
several areas, but excluding joint oil exploration, Sao Tome’s prime minister,
Patrice Trovoada said in Sao Tome.
On his return to Sao Tome after a three-day visit to Libya and Gabon, which he
gave no details about, Trovoada said mentioned the deal signed a week ago with
Equatorial Guinea, a country with which Sao Tome and Principe has cooperation
ties in several sectors.
“We have been signing sector agreements, but the main agreement was missing,
which has happened now with a general cooperation agreement,” Trovoada said.
He also noted that the president of Equatorial Guinea mentioned the possibility
of the two countries, in the future, having joint exploration of an oil bloc,
although he emphasized that this was just a possibility.
A source from Sao Tome’s National Oil Agency also confirmed to Portuguese news
agency Lusa that there was no joint oil agreement with Equatorial Guinea.
“There is no specific deal. What we have with equatorial Guinea is an agreement
to outline sea borders since 2000, the document of which is kept at the United
Nations,” the source said.
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