Angola State Oil Firm Finds Gas In Kwanza Basin

Reuters

LUANDA, June 22 (Reuters) - Angolan state oil company Sonangol has discovered gas reserves in the offshore Kwanza basin that it says could total 813 million barrels of oil equivalent in a block in which BP has a stake.

Sonangol said Block 20/11 held an estimated 313 million barrels of condensate and 2.8 trillion cubic feet of gas.

(Reporting by Herculano Coroado; Writing by Olivia Kumwenda-Mtambo; Editing by Ed Cropley)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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