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A Look At Our Neighbour: Madagascar Oil looks far ahead…
A project to develop heavy oil at Tsimiroro could lead to the production of tens of thousands of barrels per day, but that isn’t going to happen overnight. Madagascar Oil’s operations chief Stewart Ahmed has every reason to be pleased. A decree approved by the government on May 21 that authorized the company to market Tsimiroro’s test heavy oil for six months will enable the firm to make a pitch for its projects in Madagascar to…
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