Chad Ali Khadir

CHAD: President Deby officially inaugurates oil project IRINnews Africa, Fri 10 Oct 2003

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ABIDJAN, - Four African heads of states on Friday attended the symbolic inauguration, by Chadian President Idriss Deby, of the 1,070-km oil pipeline linking Chad and its southern neighbour Cameroon, in southern Chad's Doba Basin.
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Cameroon and Chad, two of the world's poorest countries, began to sell oil on 3 October, with a first shipment of 950,000 barrels of crude from their joint pipeline.The oil project is expected to generate an annual income of US $80 million for Chad and $20 million for Cameroon over the next 25 years, according to the World Bank.

The World Bank's Country Director in Chad Ali Khadir said in a statement that the Bank's involvement was to ensure that Chad's oil money was used for the well being of all Chadians and to ensure that its "rigorous safeguard policies" were observed to allay concerns over environmental and social responsibilities.

"The environmental management plan is among the most comprehensive and most meticulous ever for this type of project," Khadir said.

Human rights groups and environmentalists had raised an alarm over the potential for misappropriation of funds, saying should that happen then the poor may not benefit from the oil money.They also warned of possible environmental degradation.

Khadir however said that Chad had set up institutional arrangements for transparent accounting and accountable use of oil revenues.

"Oil money will be put in an escrow account subject to disclosure and audit, meaning that everyone will know what the country received in revenues," he said.
...
In a statement on Thursday, the NGOs said that for months, security had deteriorated in Chad.

CHAD: President Deby officially inaugurates oil project IRINnews Africa, Fri 10 Oct 2003

©

ABIDJAN, - Four African heads of states on Friday attended the symbolic inauguration, by Chadian President Idriss Deby, of the 1,070-km oil pipeline linking Chad and its southern neighbour Cameroon, in southern Chad's Doba Basin.
...
Cameroon and Chad, two of the world's poorest countries, began to sell oil on 3 October, with a first shipment of 950,000 barrels of crude from their joint pipeline.The oil project is expected to generate an annual income of US $80 million for Chad and $20 million for Cameroon over the next 25 years, according to the World Bank.

The World Bank's Country Director in Chad Ali Khadir said in a statement that the Bank's involvement was to ensure that Chad's oil money was used for the well being of all Chadians and to ensure that its "rigorous safeguard policies" were observed to allay concerns over environmental and social responsibilities.

"The environmental management plan is among the most comprehensive and most meticulous ever for this type of project," Khadir said.

Human rights groups and environmentalists had raised an alarm over the potential for misappropriation of funds, saying should that happen then the poor may not benefit from the oil money.They also warned of possible environmental degradation.

Khadir however said that Chad had set up institutional arrangements for transparent accounting and accountable use of oil revenues.

"Oil money will be put in an escrow account subject to disclosure and audit, meaning that everyone will know what the country received in revenues," he said.
...
In a statement on Thursday, the NGOs said that for months, security had deteriorated in Chad.

CHAD: President Deby officially inaugurates oil projectIRINnews Africa, Fri 10 Oct 2003

©

ABIDJAN, - Four African heads of states on Friday attended the symbolic inauguration, by Chadian President Idriss Deby, of the 1,070-km oil pipeline linking Chad and its southern neighbour Cameroon, in southern Chad's Doba Basin.
...
Cameroon and Chad, two of the world's poorest countries, began to sell oil on 3 October, with a first shipment of 950,000 barrels of crude from their joint pipeline.The oil project is expected to generate an annual income of US $80 million for Chad and $20 million for Cameroon over the next 25 years, according to the World Bank.

The World Bank's Country Director in Chad Ali Khadir said in a statement that the Bank's involvement was to ensure that Chad's oil money was used for the well being of all Chadians and to ensure that its "rigorous safeguard policies" were observed to allay concerns over environmental and social responsibilities.

"The environmental management plan is among the most comprehensive and most meticulous ever for this type of project," Khadir said.

Human rights groups and environmentalists had raised an alarm over the potential for misappropriation of funds, saying should that happen then the poor may not benefit from the oil money.They also warned of possible environmental degradation.

Khadir however said that Chad had set up institutional arrangements for transparent accounting and accountable use of oil revenues.

"Oil money will be put in an escrow account subject to disclosure and audit, meaning that everyone will know what the country received in revenues," he said.
...
In a statement on Thursday, the NGOs said that for months, security had deteriorated in Chad.