Monday, August 10, 2009

Clinton in Angola to sweeten trade ties

LUANDA, Angola (AP) - U.S. Secretary of State Hillary Rodham Clinton has arrived in oil-rich Angola to underscore America's presence in one of sub-Saharan Africa's largest energy producers where America is competing with China for resources.

Clinton was meeting on Sunday with Angolan President Eduardo dos Santos and other officials in the former Cold War battleground to discuss good governance and greater cooperation with a country that supplies vast amounts of petroleum and liquid natural gas to the U.S. market.

Last year, Angola overtook Saudi Arabia as the leading source of crude oil for China. U.S. officials say Clinton's visit is intended to demonstrate the Obama administration's interest in keeping America in Africa's energy game as well as well cooperating with it on climate change.

MyWay

The talk around here is that Clinton is there trying to secure oil just in case of a Venezuela collapse or cuts off sales to the US...

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