China's No. 1 oil company, CNPC, and Indonesia's PT Pertamina have agreed to co-develop a Sudanese offshore oil block, ignoring international efforts to isolate Sudan over the crisis in its Darfur region, a report said Monday.
The agreement, signed Thursday in Sudan's capital, Khartoum, calls for a six-year exploration phase and shared future oil production under a 20-year concession, the CNPC-backed China Petroleum Daily reported. LINK
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