Advertisement
News
Advertisement

Congo should review Lake Albert oil deals: group

Thu, 05/13/2010 - 9:26am
Reuters

KINSHASA (Reuters) - Democratic Republic of Congo should renegotiate the terms of its Lake Albert oil deals to avoid the "oil curse" that has fed corruption and poverty in other energy producing nations, an advocacy group said on Thursday.

The vast central African country, once a major minerals producer scarred by a 1998-2003 war and ongoing rebellions that have killed millions, has attracted new investor interest after a big oil find just across the border in Uganda.

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading