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The governments of Sao Tome e Principe and Nigeria have agreed to set up a joint oil exploration zone along their sea border, news organisations reported on Tuesday. The agreement capped a visit to Sao Tome on Monday by Nigerian President Olusegun Obasanjo. "The two presidents agreed to establish a zone of joint exploitation to be overseen by a joint commission," LUSA reported São Tome Foreign Minister Joaquim Rafael Branco as saying.
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