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The Wayback Machine - https://web.archive.org/web/20071214105209/http://www.macauhub.com.mo:80/en/index.php


 
 
 
 
 

Sao Tome and Principe: European Union sets out aid program for next five years

Sao Tome, Sao Tome and Principe, 14 Dec – The European Union (EU) and Sao Tome and Principe have signed an indicative cooperation program totalling some US$17 million over the next five years, the Sao Tome minister for Foreign Affairs said Thursday.  [ more ]
 
 
Mozambique: Brazilian pharmaceutical company plans to build factory in short term

Maputo, Mozambique, 14 Dec – Brazilian Pharmaceutical company Pharlab plans to set up a medication factory in Mozambique in the short term, the company’s chairman, António Carlos Vargas said Thursday in Maputo.
  [ more ]
 
 
China: Macau and Guangdong boost cooperation

Macau, China, 14 Dec – The Macau authorities and those of the Chinese province of Guangdong Thursday boosted their cooperation ties in areas such as rescue operations, medicine and food safety.  [ more ]
 
 
MORE NEWS
Angola: Luanda logistics and distribution center expected to cost US$200 million
 
Mozambique: First stone laid for biofuel factory
 
Sao Tome and Principe: Monetary agreement with Europe or West Africa needed before free trade
 
Cape Verde: New mobile telecoms operator launches next week
 
Mozambique: Construction of bridge over Zambezi to meet deadline
 
 
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Oil rig
OPEC quota forces Angola to manage strong growth of oil production
Luanda, Angola. 10 Dec – Angola will have to adjust, as of 2008, the strong growth of its oil sector to the production quota attributed by the Organization of Oil Producing Countries (OPEC), which is very similar to current production levels.

Both the government and the oil companies showed little concern about the Angolan quota of 1.9 million barrels per day being lower than projected oil production for the end of this year - 2 million barrels, with a tendency to rise.

“We don’t need to produce [that much]. We can alter our production at any time. We don’t need to spend everything, we can spare that,” Angola’s oil minister, Desidério Costa told the press.  [

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