Word: cabinda
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Dates: during 1970-1979
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Since 1966, Gulf Oil-of which Harvard owns $25.630.751 in stocks-has been developing a rich oil field in the Cabinda area of Angoia. As part of its contract for use of the field, Gulf has agreed to pay the Portuguese government 30 per cent of all its Cabinda profits, plus a set royalty on each barrel of oil produced there...