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Perspective
19 July 2017

Turning around Sonangol

Region:
Middle East & Africa
Executive Director at EXX AFRICA
Cost-cutting measures at Angola’s state oil company have started to pay off and foreign oil companies are re-engaging with Sonangol at improved terms. But broader restructuring plans are frustrated by government inertia ahead of the elections - and there is no guarantee such plans will be implemented after the looming political succession.

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