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- W2369185110 abstract "A frica has long seduced a multitude of foreign oil companies on back of its enormous potentials for oil and natural gas resources, the high level of openness of the oil industry and the stable investment environment. The more new oil and gas discoveries in the future are expected to take the African oil industry on the track of long-term swift development, and also lead to the more vigorous and lasting competition between foreign oil companies as well as between foreign oil companies and their African counterparts. In the future competition, the western international oil conglomerates will inherit their traditional advantages to maintain their obviously advantageous position, the Asian oil companies will present unique competitive edges on back of the momentum of rapid development, while African indigenous oil companies will step by step demonstrate their exclusive geographical advantages. Despite the relatively low level of infrastructure and economic development in African countries, more African indigenous oil companies are forecasted to witness swift development and grow stronger, and become an important force to participate in the upstream cooperation and competition in the oil industry in Africa amid the beneficial situation brought by the escalating foreign investments and the fast development of the indigenous oil industry in the midst of the rising international oil price." @default.
- W2369185110 created "2016-06-24" @default.
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- W2369185110 date "2008-01-01" @default.
- W2369185110 modified "2023-09-23" @default.
- W2369185110 title "Trend:Oil companies' competition in Africa" @default.
- W2369185110 hasPublicationYear "2008" @default.
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