Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

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UPDATE:Angola Plans To Export At Least 45 Crude Cargoes In Sept

Fri, 16th Jul 2010 12:10

(Adds force majeure at Girassol, maintenance at Plutonio, table) By Sherry Su Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Angola plans to export at least 45 cargoes of crude oil for September loading, traders who had seen provisional loading programs said Friday. The country plans to export seven Cabinda, six Dalia, two Girassol, five Hungo, five Kissanje, two Kuito, three Mondo, eight Nemba, one Palanca, three Plutonio, two Saxi, and one Xikomba, they said. The final programs will be released later this month. The output of Girassol for September is much lower than the normal level of six or seven cargoes, mainly due to force majeure declared by Total SA (TOT) this week. It is unclear when Total will lift the force majeure. Exports of Plutonio crude will drop sharply to three cargoes in September from August's seven, partly due to planned maintenance in the second half of September, traders said. BP PLC (BP), the operator of Plutonio field, wasn't immediately available to comment. The following table lists the number of cargoes scheduled to load for each crude oil grade in September. Grade Size ('000 bbl) Sep* Aug Cabinda 950 7 7 Dalia 950 6 8 Gimboa 950 0 1 Girassol 1,000 2 6 Hungo 950 5 6 Kissanje 950 5 7 Kuito 920 2 2 Mondo 950 3 2 Nemba 950 8 10 Palanca 985 1 1 Plutonio 1,000 3 7 Saxi 950 2 3 Xikomba 500 1 0 Total number of cargoes 45 60 Total volumes ('000 bbl) 42,525 57,625 Daily volumes (mln b/d) 1.42 1.86 * Provisional -By Sherry Su, Dow Jones Newswires; +44(0)20-7842-9329; sherry.su@dowjones.com (END) Dow Jones Newswires July 16, 2010 07:10 ET (11:10 GMT)

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