Chad's Governments says it Ours to Multinational Oil Companies

Discussion in 'Off-Topic' started by deception, Sep 28, 2006.

  1. deception

    deception JBB Banned Member

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  2. Chutney

    Chutney MON-STRAWRRR!!1!

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    At this point, any news that makes the Western world take Africa into consideration is good, IMO. I couldn't really decide (and didn't know enough) to decide if this was more of oil corporations exploitation or the government making excuses for misappropriating the profits.
     
  3. deception

    deception JBB Banned Member

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    <div class="quote_poster">Quoting Chutney:</div><div class="quote_post">At this point, any news that makes the Western world take Africa into consideration is good, IMO. I couldn't really decide (and didn't know enough) to decide if this was more of oil corporations exploitation or the government making excuses for misappropriating the profits.</div>

    a little of both i suspect- 28% compared to nigeria's 80% stake seems unfair. most people believed many of the contracts were signed in haste in general (in chad and everywhere else) and third world governments didn't really know what they were getting into. "blackmail" is a term widely used a few years ago and i doubt these governments had adequate legal counsel especially in light of what big oil had on their side. and its a tad condescending when seemingly non-partisan institutions like the world bank are dedicating that chad must use 72% (or whatever the % was) of their take to fight poverty alleviation.
     
  4. I-Miss-MJ

    I-Miss-MJ JBB I am so SMRT

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    wow Chad is not a country that makes the news often...or a country you hear about often.
     
  5. deception

    deception JBB Banned Member

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    <div class="quote_poster">Quoting I-Miss-MJ:</div><div class="quote_post">wow Chad is not a country that makes the news often...or a country you hear about often.</div>

    there must be a people in the america mid-west who probably think "chad" is named after them
     

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