Angola, Republic of Congo to Sign Oil Deal Today, Angop Says

Angola and the Republic of Congo will sign an agreement to jointly exploit an oil field on their border and share profits, Agencia Angola Press said, citing Angolan Oil Minister Jose Maria Botelho de Vasconcelos.

Botelho de Vasconcelos traveled to Congo this morning to sign the deal after 10 years of negotiations between the two African countries, according to the Luanda-based news agency.

To contact the reporter on this story: Henrique Almeida in Lisbon at

To contact the editor responsible for this story: Jerrold Colten at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.