Blessing or Curse? West Africa's Oil Boom

Manuel Paulo, Alex Vines

Research output: Contribution to journalEditorialpeer-review

Abstract

THE LAST FEW YEARS THE UNITED STATES HAS TRIED to develop alternative sources of oil supply t Middle East. West Africa has increasingly be strategic, with countries such as Equatorial Guinea, São Tomé and Príncipe, and perhaps Mauritania coming under the spotlight. Even US Vice-President Dick Cheney recognised this: 'West Africa is expected to be one of the fastest sources of oil and gas for the American market.'
Fifteen percent of US oil currently comes from th Guinea, with projections of 25 percent by 2015. The key are Nigeria, Angola, Gabon, Congo - Brazzaville, and Equatorial Guinea. Last month Charlie Snyder, Acting US Secretary of State for African Affairs, told the Enterprise Institute: Africa is strategic for us - thirty percent our oil will soon come from there.'
Original languageEnglish
Pages (from-to)26-27
Number of pages2
JournalThe World Today
Volume60
Issue number5
Publication statusPublished - 1 May 2004
Externally publishedYes

Bibliographical note

Royal Institute of International Affairs

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