Rich pickings

Expectations of an imminent oil boom may dominate campaigning for the 26 March parliamentary elections. It is five years since São Tomé signed a deal with Nigeria to establish a Joint Development Zone along their undemarcated maritime boundary; after many delays and allegations of influence peddling and corruption, senior officials in both countries say there are now 'very promising' indications from Chevron's first exploration well in block 1.

Article Tags:
Nigeria, Fradique de Menezes, Patrice Trovoada, United States, Swiss, Chinese

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