Sao Tome to set up national oil firm - govt official
CAPE TOWN, Nov 4 (Reuters) - Sao Tome and Principe, a tiny African island nation, will establish a national oil company before the end of the year to develop the island's offshore crude oil fields, a government official said on Wednesday. Luis Prazeres, executive director of the island's regulatory body National Petroleum Agency, said the planned oil company would partner with Angola's Sonangol to develop an economic exclusion zone offshore. (Reporting by Wendell Roelf)
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