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Shumba, CoPet establish joint venture

Energy development company Shumba Energy has concluded a joint venture (JV) partnership, which has resulted in it holding an 80% interest in energy company Coal Petroleum (CoPet). Based in Botswana, CoPet is developing a commercial-scale liquid fuels production facility, called Project Tsosoloso, to provide Africa with energy fuels and specialty chemicals for value-added product production.

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