The
last
licensing
round
for
oil
blocks
was
suspended
in
the
first
half
of
2008,
before
the
country's
first
post-war
parliamentary
election.
State-run
oil
company
Sonangol
said
a
new
round
is
unlikely
to
happen
this
year.
"Total
is
a
historic
partner
of
Angola.
In
case
a
bidding
round
is
proposed
we
will
most
likely
be
very
happy
to
participate,"
Francois
Badoual,
Total's
deputy
general
director
in
Angola,
said
in
an
interview
with
Reuters.
Total's
Angola
production
capacity
is
more
than
500,000
barrels
per
day,
he
said.
Badoual
added
that
the
ailing
global
economy
and
volatility…
