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Home/ Chad-CameroonPetroleumDevProject/ Contents contributed and discussions participated by Arabica Robusta

Contents contributed and discussions participated by Arabica Robusta

Arabica Robusta

Reuters - Chad rebel chief threatens attack on oil zone - 0 views

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    Timane Erdimi, head of the Rally of Forces for Change (RFC) which raided the capital N'Djamena early in February with other rebels groups, said his forces could halt oil output from installations in the south pumping up to 160,000 barrels per day.
Arabica Robusta

allAfrica.com: Uganda: Kony Links Up With Chadian Rebel Leader (Page 1 of 1) - 0 views

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    REBEL leader Joseph Kony has established contact with Chad's main rebel leader, General Mahamat Nouri, days after the LRA chief relocated to [CAR], information available to Daily Monitor indicates.
Arabica Robusta

Oil Industry at the Heart of the Zaghawa Power Struggle in Chad - 0 views

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    "Far from becoming the hoped for example of a way out of the factionalism and corruption that has tended to accompany...oil reserves in Africa, Chad has developed a bloody intra-tribal struggle for control of oil revenues with little hope...in sight."
Arabica Robusta

To Lend or Not To Lend: - 0 views

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    This Article will use the Chad/Cameroon project to illustrate why the World Bank should adopt a realistic and pro-active approach to human rights problems. Part II will examine the evolving interpretation of the Bank's mandate and the historical inconsistencies in its policy toward human rights issues. This examination will show that there are no theoretical obstacles preventing the Bank from interpreting its mandate liberally to include human rights considerations. Part III will draw on the development of the Chad/Cameroon pipeline controversy in order to highlight the importance of human rights considerations for the project's success. Part IV will argue in favor of the adoption of a more open and consistent human rights policy as an essential condition to improving the credibility of the Bank's operations. This reformulation is essential if the Bank aims to serve as the guardian of fairness in private investment and to improve the economic well-being of countries like Chad.
Arabica Robusta

EITI - Extracting transparency - 0 views

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    Despite good intentions, no country has been formally validated as EITI-compliant. The risk now is that the initiative will allow countries to ride free, using the EITI label to continue business as usual. As a result, Publish What You Pay has called on companies and governments to deliver concrete results. The good news is that the EITI board is beginning to flex its muscles. If countries do not become validated within two years they risk losing their status. So far Chad, Trinidad and Tobago, and Bolivia have been disqualified.
Arabica Robusta

allAfrica.com: Chad: It's the Same Old Tragedy (Page 1 of 2) - 0 views

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    Chad's recent history seems to be a permanent remake of the same old movie - of autocratic leaders facing armed opponents in a deadly power struggle, with the complicity and complexities of foreign interventions, completed by the scenes of civilians fleeing the battle zones.
Arabica Robusta

Scoop: Spotlight Interview with Michel Barka (Chad-UST) - 0 views

  • I’m not the only one to have been thrown out of the College.  The president of the Chadian human rights’ league (LTDH) and the representative of development organisations were too.  I’m very sad it happened, but it was a great experience and I learnt a lot about my country.  I was the rapporteur general,  which was a great honour.  Today, I doubt this institution can still play the role it used to.
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    I'm not the only one to have been thrown out of the [College for the Monitoring and Surveillance of Oil Earnings]. The president of the Chadian human rights' league (LTDH) and the representative of development organisations were too. I'm very sad it happened, but it was a great experience and I learnt a lot about my country. I was the rapporteur general, which was a great honour. Today, I doubt this institution can still play the role it used to.
Arabica Robusta

Global Politician - In Nigeria, Oil Wealth Delivers Grief - 0 views

  • Oil can fuel the engine of the economy, with other industries creating jobs. But over the years, easy money from oil has distorted investment decisions, allowing Nigeria to neglect other industries. Some 95 percent or more of its foreign-exchange earnings come from oil, and with the current stratospheric prices, Nigeria might think it has no reason to look beyond oil. Its reserves are about 36 billion barrels, and at the current rate of production, it has enough oil to last another 40 years.After that, what? Better management of oil revenues is one solution. Reflecting on the destructive role sudden wealth can play, policymakers have tried monitoring oil revenues. But the effort hasn’t borne any fruit. Take for instance Chad. When oil was discovered in the Chad basin and the Chad-Cameroon pipeline was built, the World Bank insisted on conditions to ensure that revenues would be deposited in an escrow account, with funds only used for approved development expenditures. However, with conflict in Darfur and the presence of hundreds of thousands of refugees on the border, Chad now ignores those commitments some of the time, and spends more on defense. Rising oil revenues, thanks to rising prices, means there are limits to the absorptive capacity in Chad for more development expenditure. A waste of those resources is, then, inevitable.
Arabica Robusta

World Bank's "model" project in Chad beset by persistent problems | Bank Information Ce... - 0 views

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    Despite mounting political instability in Chad and little tangible evidence of poverty reduction nearly four years after the start of oil production, the World Bank maintains that it is still "premature" to draw any final conclusions regarding the success of the petroleum development project. At the same time, the Bank's "Implementation Completion Report," issued in December 2006, rates performance on achievement of project objectives as "satisfactory."
Arabica Robusta

Chad and Cameroon - Petroleum Development and Pipeline Project, Vol. 1 of 1 - 0 views

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    Ratings for the Chad and Cameroon Petroleum Development Project were as follows: outcomes were satisfactory; sustainability was unlikely; institutional development impact was moderate; the Bank performance was satisfactory; and the Borrower performance was also satisfactory. Some lessons learned included: outsourcing of Bank supervision duties constituted an innovative feature of the project and was successful; the need to manage expectations with regards to the government's oil revenue estimates is essential; developing national expertise in the different facets of the oil industry (geology, geophysics, engineering, commercial, finance and economics, environment, and so on) is a daunting task; private partners may reasonably be asked, as they were in this case, to bear a share in the cost of mitigating the risks associated with insufficient country capacity; maintaining World Bank involvement and communications are vital; and finally, sustaining compliance with the environmental management plan needs better technical assistance from the Bank.
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    Very different assessment, suggesting success, from news and other accounts.
Arabica Robusta

Chad's Oil Riches, Meant for Poor, Are Diverted - New York Times - 0 views

  • A $4.2 billion oil pipeline has generated $399 million for Chad since mid-2004, but the spending of the money has been seriously marred by mismanagement, graft and, most recently, the government's decision that a hefty share can be used to fight a rebellion.
  • In recent weeks, Chad seriously weakened a law that dedicated most of its oil revenue to reducing poverty and reneged on its deal with the World Bank. In response, the bank suspended all its loans to the country.
  • I think to stand back and say the whole thing is a dirty business and we in the World Bank don't want to have anything to do with it is very shortsighted."
    • Arabica Robusta
       
      This is a false choice. Do not believe it.
  • ...5 more annotations...
  • "We have lived without oil in the past, and we are prepared to do it again to preserve our dignity. And there are other partners we can pursue."
    • Arabica Robusta
       
      Typical threats, found also in World Bank documents. "If we don't do it, somebody else with less concern for humanity will complete the project anyway."
  • Chad has demanded that the consortium led by Exxon Mobil that built the pipeline begin depositing the oil royalties directly in the country's central bank rather than an account designated in its agreement with the World Bank. Chadian officials said they were prepared to "close the faucets" of the oil pipeline if no settlement was reached. Exxon, responding to written questions, said only that it hoped that the bank and Chad could address Chad's financial distress while preserving the poverty-reduction framework.
    • Arabica Robusta
       
      More threats.
  • "This project could not survive contact with the reality of Chad," said Gilbert Maoundonodji, who runs a Chadian nonprofit group that investigates petroleum spending in the country. "It is the most corrupt country in the world." The oversight group officially charged with monitoring the oil spending laid out a damning catalog of malfeasance and bungling last May, from overspending on office equipment to bungling or abandoning entire public works projects.
    • Arabica Robusta
       
      What are the historical underpinnings of such corruption?
  • But Ms. Mekombe of the oversight committee said that even when the monitors documented problems, their recommendations were often ignored, while officials and companies cited as corrupt were never investigated by the government. "All the work we have done, all the sacrifices we have made, sometimes I think it is all for nothing," she said.
  • Critics say the bank moved too hastily to move the project to completion before this unstable, corrupt and autocratically-governed country was ready for it. Though aware of the risks, bank managers said they felt that other investors with no stake in poverty reduction would eventually build the pipeline anyway.
    • Arabica Robusta
       
      World Bank repeats the narrative of fear that more uncouth investors will complete project anyway.
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    Compare this article with BBC coverage in 2004 of Mekombe's comments. It was clear almost from the beginning that the 'governance' aspect of this project was going to fail. Is a prefigured and almost designed failure really better than not even trying in the beginning? At least not trying offers the potential of success. Such spectacular failure invites the kind of argument Calderisi makes in The Trouble with Africa: we tried and we failed because the whole place is an impossible mess. No, the World Bank failed because their plan was an impossible mess from the beginning.
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    A $4.2 billion oil pipeline has generated $399 million for Chad since mid-2004, but the spending of the money has been seriously marred by mismanagement, graft and, most recently, the government's decision that a hefty share can be used to fight a rebellion.
Arabica Robusta

BBC NEWS | Africa | Chad's oil watchdog 'powerless' - 0 views

  • a senior member said neither Exxon Mobil - which has built a pipeline to export the crude - nor the government were providing sufficient information. A rather staid anti-corruption conference in London came alive when Therese Mekombe, vice-president of the Chadian oversight committee, got up to speak.
  • He said the Chadian economy was set to grow by more than 20% a year as a result of oil revenues. But Mrs Mekombe continued to paint a negative picture of both the oil company and the Chadian government.
    • Arabica Robusta
       
      Massey, Dallas to Doba, comments further that though the CCSRP received better office resources and information by October 2004, the marginalization of such a core monitoring group at a key time in project development "suggests fundamental, perhaps fatal, flaws" in the "Doba Model." This seems to have come true in subsequent years.
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    A committee set up to oversee oil revenues in Chad has protested about lack of resources from the government and oil company involved. The central African state became an oil producer last year. The committee was set up under a World Bank plan to tr
Arabica Robusta

Extractive Industries Review (EIR) Recommendations to the World Bank - Environmental De... - 0 views

  • www.eireview.org.
  • During the EIR review process, the World Bank was unable to provide a clear example where poverty was alleviated as a direct result of one of its investments in the extractive industries.
  • It is true that investment in the extractive industries has been on a general decline over the last few years, but the share of support for investing in the private sector through IFC and MIGA has increased. In some regions, like Africa, investments in extractive industries representative the vast majority of that continents development support. Regardless, the World Bank Group sets the standards and best practice for the extractive industries globally. Even if the direct investments are a small percentage of the World Bank's overall investments, the approach the World Bank adopts will have a ripple effect beyond its own direct investments.
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  • these recommendations require the World Bank Group to respond as one institution since each of its arms -- IBRD, IDA, IFC and MIGA -- support the extractive industries through a variety of mechanisms. We are looking to the World Bank Group to take a serious and comprehensive approach to the EIR recommendations and adopt them fully and in a timely fashion.
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