Cameroon Sends Special Envoy to Resolve Chad-Cameroon Dispute
Cameroon has sent its special envoy, Ferdinand Ngoh Ngoh, Minister of State, Secretary General at the Presidency of the Republic, to Chad to resolve the ongoing diplomatic rupture between the two countries over the Chad-Cameroon Pipeline project. The dispute centers around the nationalization of Chad’s oil industry and the involvement of new investors like Savannah Energy.
Background: The Chad-Cameroon Pipeline Project
The Chad-Cameroon Pipeline project was designed to transport crude oil from landlocked Chad to the coast of Cameroon for export. It has been mired in controversy and disputes since its inception in the 1990s. The project was developed and operated by the Tchad Oil Transportation Company (TOTCO) and the Cameroon Oil Transportation Company (COTCO), which were both jointly owned by the Chadian and Cameroonian governments, as well as several international oil companies, including ExxonMobil and Petronas. Read More..