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Vol 2 (AAC) No 5

Published 1st March 2009

When Irish eyes are smiling

Ireland's Tullow, which has quickly outgrown out its minnow status, enters April stronger, having raised US$2 billion in debt financing and energetically dismissing speculation that it would consider selling equity to China's giant oil corporations. But Tullow's operations in Ghana and Uganda may need to cooperate with China's big construction companies, which are bidding to build pipelines and refineries in both countries.

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