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05 Oct 2010 13:23 GMT | Business & Economy, Africa, Chad, China
In 2007, China National Petroleum Cooperation (CNPC) entered Chad's oil and gas businesses in 2003.
Since then, China has diversified its activities in the country - building Chad's first ever oil refinery which, when completed in 2011, will have the capacity to refine 20,000 barrels of oil per day.Ahmat Khazali Acyl, the managing director of Chad's National Energy Company, CNPC's partner in the jointventure, believes that the oil industry is an opportunity to develop his country.
Acyl says Chad is rich in natural resources, but lacking technical skills and financial resources the country needs investors and partners to benefit from their resources.
Source: Al Jazeera
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