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Periodical article | Leiden University catalogue | WorldCat |
Title: | The Scramble for African Oil |
Author: | Yates, Douglas |
Year: | 2006 |
Periodical: | South African Journal of International Affairs |
Volume: | 13 |
Issue: | 2 |
Pages: | 11-31 |
Language: | English |
Geographic term: | Subsaharan Africa |
Subjects: | hydrocarbon policy political elite oil companies Agriculture, Natural Resources and the Environment Economics and Trade Politics and Government international relations Development and Technology |
External link: | https://www.tandfonline.com/doi/abs/10.1080/10220460609556800 |
Abstract: | In Latin America, the Middle East and Asia, rulers successfully nationalized oil. Why then are all of the African oil enclaves still exploited by, and for, foreigners? This paper explains how foreign oil companies have dominated African oil and gas, in collaboration with African elites. Starting with 10 case studies - Angola, Cameroon, Chad, Congo, Equatorial Guinea, Gabon, Mauritania, Nigeria, São Tomé & Príncipe and Sudan - several rival explanations are offered, based on geographical factors, colonialism, neocolonialism, the strategies of multinational oil companies and African authoritarianism. This is followed by policy recommendations for what can be done about this new form of economic imperialism. Notes, ref. [ASC Leiden abstract] |