Thursday, June 14, 2007

Zambia to offer 25 oil, gas blocks in tender - finmin

(Reuters) - Zambia plans to offer 25 blocks for oil and gas exploration in a bidding round for international companies in the next few weeks, the finance minister said on Thursday.

The bidding round, Zambia's first, follows an announcement in October last year that the landlocked southern African country had discovered oil and gas reserves in the northwest of the country bordering oil-producing Angola.


Read more at Reuters Africa

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