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Saotomean President holds bilateral talks with Obasanjo


Abuja, Nigeria, 02/01 - Sao Tome and Principe President Fradique de Menezes arrived in Abuja late Tuesday for bilateral talks with his Nigerian counterpart Olusegun Obasanjo, Nigerian presidential spokesperson Remi Oyo said.

She said the talks at the Presidential Villa dealt with the strengthening relations between their two countries.

Though details of the discussions were not disclosed, PANA learnt that the disagreement between the two countries over the award of oil blocks in their Joint Development Zones (JDZ) was expected to feature prominently.

A report published recently by Sao Tome`s Attorney General`s Office had alleged that several of the companies that were awarded blocks in the JDZ lacked the technical know-how and the financial muscle necessary to carry out the work.

The report also claimed that the procedures for the selection of the companies that won the oil concessions were seriously flawed and did not satisfy the minimum standards required for the award of such licences.

http://www.angolapress-angop.ao/noticia-e.asp?ID=412918