Chad eyes bigger share of its oil profits

DAKAR, SENEGAL

Deby vowed that Chad’s newly created oil company should have a proper stake – 60 percent – in the pipeline. “A revolution has started … which will bring salvation to … our country, and future generations,” Deby told cheering supporters later.

Since then, the government has toned down its rhetoric, saying simply that the original deal, hammered out almost two decades ago when oil was near $15 a barrel, should be renegotiated.