Guys you are supposed to be smart and educated and didn't suspect for second about oil. And Senegal is ready to play Ethiopia 'S role in Somalia. Wake up guys. Stop getting high this thing is damaging your brains.
No surprise Mysterious oil finds in The Gambia
- Thread starter Canuck
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Guys you are supposed to be smart and educated and didn't suspect for second about oil. And Senegal is ready to play Ethiopia 'S role in Somalia. Wake up guys. Stop getting high this thing is damaging your brains.
b-but I'm sure it's a coincidence
No you are crazy about conspiracy theory and very paranoid person, Senegal is Gambia 'S brother and wants to help them out of their good heart.
The president of Gambia has announced the discovery of "large quantities" of oil in his tiny West African country, the latest revelation of petrochemical riches in sub-Saharan Africa.
In a national broadcast Yahya Jammeh, who seized control of the former British colony in a military coup 10 years ago, said the offshore discovery by a western company would result in "a harvest of prosperity".
West Africa already supplies the US with 15% of its oil imports, and the share is expected to grow as the Bush administration seeks to reduce dependence on the Gulf.
The Gambian find follows the discovery of viable deposits of crude oil off São Tomé, in the Gulf of Guinea, where billions of barrels are believed to lie offshore.
Mr Jammeh did not name the company responsible for the study, but an Australian company, Fusion Oil and Gas, holds a licence to carry out deep-water exploration off the Gambian coast.
The Perth-based firm, which was unavailable for comment last night, describes itself as "a holding company for a group of companies whose business is oil and gas exploration in Africa".
Mr Jammeh gave no details of the size of the reserve, but said an offshore rig would begin pumping small amounts by the end of the year to confirm the results of the study.
Sub-Saharan Africa is on the verge of a new oil rush, but observers fear that the pattern in Africa's existing oil exporters, whereby the exploitation of these resources fuels corruption and human rights abuses rather than boosting living standards, will continue.
Gambia, a tiny nation of 1.4 million, is one of the world's poorest countries, with an annual income of £175 a head.
In a national broadcast Yahya Jammeh, who seized control of the former British colony in a military coup 10 years ago, said the offshore discovery by a western company would result in "a harvest of prosperity".
West Africa already supplies the US with 15% of its oil imports, and the share is expected to grow as the Bush administration seeks to reduce dependence on the Gulf.
The Gambian find follows the discovery of viable deposits of crude oil off São Tomé, in the Gulf of Guinea, where billions of barrels are believed to lie offshore.
Mr Jammeh did not name the company responsible for the study, but an Australian company, Fusion Oil and Gas, holds a licence to carry out deep-water exploration off the Gambian coast.
The Perth-based firm, which was unavailable for comment last night, describes itself as "a holding company for a group of companies whose business is oil and gas exploration in Africa".
Mr Jammeh gave no details of the size of the reserve, but said an offshore rig would begin pumping small amounts by the end of the year to confirm the results of the study.
Sub-Saharan Africa is on the verge of a new oil rush, but observers fear that the pattern in Africa's existing oil exporters, whereby the exploitation of these resources fuels corruption and human rights abuses rather than boosting living standards, will continue.
Gambia, a tiny nation of 1.4 million, is one of the world's poorest countries, with an annual income of £175 a head.
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