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Tuesday, August 28, 2007

Alrosa Hunts Diamonds and Oil in Angola

ALROSA Co. Ltd. was set up under Decree 158C of the President of the Russian Federation 'On the Establishment of the Almazy Rossii-Sakha Joint Stock Company' signed on 19 February 1992. It is Russia's largest diamond company engaged in exploration, mining, manufacture and sales of diamonds and one of the world's major rough diamond producers. ALROSA accounts for about 100% of all rough diamonds produced in Russia and for about 20% of the world's rough diamond output.
  • ALROSA, Sonangol (Angolan National Energy Company), and Dark Oil (an Angolan oil company) signed an agreement on prospecting and exploration for oil and gas in the Lower Congo and Upper Kwanza zones, in the basins of the Etosha, Okawango and Kassanje Rivers, and in the shelf zone of Angola.
  • The agreement was signed in the Angolan capital Luanda for ALROSA by President of ALROSA Mr. Sergey Vybornov, for Sonangol by President of the Administrative Board of Sonangol Mr. Manuel Vicente, and for Dark Oil by Mr. Fragoso do Nascimento Leopoldino.


Office in Belgium
Lange Herentalsestraat 62/70,
Antwerpen B-2018 Belgium Tel: (323) 234-9084 Fax: (323) 234-2307

Office in Angola
ALROSA-Africa
Rua Coronel Aires de Ornelas, No 1,
R/S Luanda Republica de Angola Tel./Fax: (244) (2) 443900

Office in Israel ALROSA Co. Ltd. (Israel),
Diamond Exchange, Maccabi Bldg. 2342-2344
1 Jabotinsky St. Ramat-Gan 52130, Israel Tel: (972) 3 6128680/1 Fax: (972) 3 6128714

Office in England ARCOS LIMITED,
2nd Floor, 86 Hatton Garden,
London, EC1N 8QQ, UK Tel: (44)207 242 3170 Fax: (44)207 242 3174

Office in Hong Kong ARCOS HONG KONG LTD,
56 Floor, Bank of China Tower, 1 Garden Road,
Hong Kong Tel: (852)2521 9229 Fax: (852)2521 9239

Office in United Arab Emirates
ARCOS EAST DMCC, Office 19,
Business Avenue Building, Mezzanine Floor,
Port Saeed Road, Deira, Dubai Tel: (971) 4 295 4692 Fax: (971) 4 295 4691

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