Peak Oil is You
Donate Bitcoins ;-) or Paypal :-)
Page added on February 23, 2006
Mauritania Set to Join Club of African Oil Producers
Mauritania is set to join the club of Africa’s oil producers, but before any crude has started flowing, uncertainty already surrounds the lucrative and often disruptive resource.
..”Oil companies are interested in investing in countries where they know that their investments are secure and that the rules of the game are not going to change every other year or with each successive new government and so there are definitely risks to the strategy but it is also important that African countries are able to renegotiate a fair deal on behalf of their citizens,” Ian Gary, a Washington-based oil expert with Oxfam America, noted.
Leave a Reply