Monday, December 03, 2007 7:33:57 PM
Oil pipeline to traverse Ivory Coast
Big News Network.com Saturday 24th November, 2007
Laurent Gbagbo, the president of Ivory Coast has opened a site which will see the beginning of a new pipeline project.
When finished, the oil pipeline will link the economic capital Abidjan with the country's interior.
The pipeline will be built at a cost of US$248 million dollars and will stretch some 385 kilometres carrying 1.6 million cubic metres annually.
The state-owned oil company Petroci will finance the project and hopes to see oil being pumped through the line by January 2009.
This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks!
Howard Haftel
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