Chad's Billion-Barrel Oilfield: From Rags to Riches?

Published 01 Jun 1999
Reference 4771
Topic Strategy
Region Africa
Summary

Exxon, Shell and Elf are seeking World Bank financing to develop a large oil field in Chad. They produced an environmental impact study and consulted locals. However, NGOs charge that the project will raise political tensions and will not reduce poverty given the current political situation. Should the Bank go ahead?

Teaching objectives

The case�s objective is to discuss the political, social, and environmental issues related to large development projects. Students have to present and defend the various viewpoints on the projects.

Keywords
  • PETROLEUM
  • AR1999
  • AFRICA
  • FOREIGN INVESTMENT
  • WORLD BANK
  • NGO
  • POLITICS
  • DEVELOPMENT
  • RD0599