See also:
» 25.03.2010 - Angola attaches welfare to biofuel law
» 16.02.2010 - Government approves $250 mln for agro-credit
» 11.12.2009 - Sudan and Angola strike a deal with Vietnamese group
» 26.11.2009 - UNITA demands the naming of corrupt officials
» 24.11.2009 - Angola secures $1.4 billion stand-by arrangement with IMF
» 27.10.2009 - Govt's investments in infrastructure drive Angola's industry
» 20.10.2009 - Expelled Angolan refugees in dire need of aid
» 30.09.2009 - Angola negotiates standby facility with IMF











China wholesale online through DHgate.com


Houlihan's coupons


Finn autentiske matoppskrifter fra hele verden på Verdensmat.no:
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares


Autentiske matoppskrifter fra hele verden finner du på Verdensmat.no:
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike


Angola
Politics | Economy - Development

Angola's Cabinda has more onshore than offshore oil

afrol News / A Semana, 1 February - The Angolan exclave of Cabinda is already producing about one million barrels of crude oil daily from its offshore fields. It has the potential of producing even more oil from onshore reservoirs, according to an analyst. The independence war of the former Portuguese colony has until now hindered major onshore investments in Cabinda.

The assessment of Cabinda's large onshore oil reservoirs was made by a Portuguese university professor in Lisbon. The professor was speaking to 'Público' on conditions of anonymity as he was afraid of problems with Angolan authorities. The issue of natural resources in Cabinda is still a hot topic, which for decades has fuelled the war in the region. Oil exploration has been confined to offshore areas, where Angola is in firm control.

This is however about to change. Angola's state-owned oil company Sonangol in November last year announced that it was to start oil exploration onshore in Cabinda. Also sources from within the disputed territory now claim that Cabinda's oil potential is greater onshore than offshore, terming Cabinda the future "African Kuwait".

However, there is an important part of the pro-autonomy movement that is strongly opposing any onshore oil exploitation. They point to political and environmental motives and allege that the Angolan state is aiming at "fleecing" local riches without caring about "the roads full of pitch holes and a ruined health system."

Despite of this opposition, Sonangol and the Australian company ROC Oil three months ago reached an agreement to start joint explorations of the South Block of Cabinda. This coincides with the opening of the first experimental onshore oil wells and the celebration of the 120th anniversary of the signing of the Treaty of Simulambuco. The 1885 Treaty between Cabinda princes and the Portuguese Crown is a symbol of local identity, not to be confused with the Angolan identity.

Young activists of this territory of 500,000 inhabitants have started threatening to create a more radical and violent guerrilla than the recently defeated Liberation Front of the Cabinda Enclave (FLEC). They want to hinder the plundering of their lands, which already in colonial times were known to be rich on oil but have never been exploited, due to four decades of instability in Cabinda.

POC Oil now has production rights to 80 percent of the oil that will be found on Cabinda's new onshore block. In Cabinda's offshore sector, the main players are the American Chevron-Texaco and the French Total. The companies employ thousands of people, but mostly outside the territory. In Cabinda, the unemployment rate is estimated at close to 90 percent.

Angola, mostly thanks to Cabinda, is currently sub-Saharan Africa's second biggest oil producer, following Nigeria. The country expects to double its production during the next three years. But for this to happen, it is expected that Angolan authorities will have to come to an agreement with the Cabindan Dialogue Forum, which includes FLEC and civil society groups under the leadership of professor António Bento Bembe.

The Forum, which is leading peace and autonomy negotiations with Angola, includes the civil Mpalabanda association, the 32 Catholic priests of the territory, its Protestant reverends and other influential groups. They all demand improving living conditions for the population in Cabinda, based on the locally extracted resources.

Cabinda had always been a separate Portuguese colony, on the same level as Angola, shortly until liberation, when the Lisbon government united the two colonies. It was on the Organisation of African Unity's list of countries to be liberated before 1975. With Portugal's withdrawal from Angola and Cabinda came troops from Angola.

FLEC and other armed groups have fought for Cabinda's independence since the 1960s. They were militarily defeated after Angola's own civil war ended two years ago, giving Luanda the opportunity to launch a massive campaign in Cabinda. Now, the Cabindans opt for autonomy within Angola, including wide control over their own natural resources. Negotiations with Angola are however going slowly.



- Create an e-mail alert for Angola news
- Create an e-mail alert for Politics news
- Create an e-mail alert for Economy - Development news


 
    Printable version


On the Afrol News front page now

Rwanda
Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Guinea
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.



front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at mail@afrol.com