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Vol 58 No 10

Published 12th May 2017


Senegal

Majors push out the minnows

Big oil has moved in on Senegal's nascent gas sector, shouldering smaller players like Timis aside, albeit greatly to his profit

Rapid manoeuvring by some of the world's largest oil producers to take advantage of Senegal's resource boom appears to have removed maverick businessman Vasile Frank Timis, the self-styled Emperor of West African resources, from the scene. Timis had controversially implanted himself in Senegal with deals criticised by the opposition.

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