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Stakeholders warned yesterday in Abuja that unless the continent develops a local market for its hydrocarbon resources, its 125 billion barrels and more than 630 trillion cubic feet (TCF) of natural gas reserves may remain untapped. Timipre Sylva, the minister of state for petroleum resources, and Gabriel Obiang Lima, the minister of hydrocarbons for Equatorial […]

The post Lack of a market could put Africa’s 125 billion barrels of oil reserves on hold appeared first on The News Chronicle.

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