Chad-Cameroon Oil Pipeline Project | Bank Information Center: Monitoring the projects and policies of the World Bank, IMF and other international financial institutions


bicusa.org/chadcameroon Problem Project Chad-Cameroon Oil Pipeline Project BIC is no longer actively working on this project. Overview Concerns Updates Resources Contacts RSS Update \| 12 September 2008 World Bank announces withdrawal from Chad-Cameroon Pipeline after early repayment The World Bank’s request amounts to an admission of failure in one of its most controversial and disastrous projects – once touted as a “model” for high-risk projects - after the Chadian government repeatedly used its newfound oil wealth in contravention of its agreements to invest in poverty reduction. Read more Update \| 6 March 2008 President of Chad nullifies World Bank agreement to grab oil money and crack down on opponents As a significant rebel threat to his government appears to recede, Chadian President Idriss Deby has clamped down on political opponents and bypassed controls established by an agreement with the World Bank to redirect oil revenues for military use. Read more Update \| 16 April 2007 Environmental groups release new "non-completion" report on Chad-Cameroon pipeline Report highlights disrepancies between conclusions of the World Bank and the official project monitors. Read more Update \| 13 April 2007 Impact of Chad-Cameroon project on local population worse than expected The World Bank-backed Chad-Cameroon pipeline is once again in the news - this time following the release of a new report which documents the heavy toll that oil development has taken on the local population in southern Chad. Read more Update \| 13 February 2007 World Bank's "model" project in Chad beset by persistent problems The controversial Chad-Cameroon pipeline is again in the news after an off-shore oil spill occurred near the town of Kribi in coastal Cameroon. Meanwhile in southern Chad, where ExxonMobil and its consortium partners extract nearly 200,000 barrels of “black gold” per day, the security situation and living conditions are deteriorating. Read more Update \| 24 January 2007 Oil spill along Chad-Cameroon Pipeline The Center for Environment and Development (CED), a Cameroon-based organization that has been active in monitoring the impacts of the Chad-Cameroon oil pipeline project, has issued a press release on the incident. CED notes, among other things, a concern regarding the poor communication and long delay in alerting the public and local authorities about the spill. Read more Update \| 24 July 2006 World Bank announces final agreement with Chad on oil revenue management The Government of Chad and the World Bank signed a memorandum of understanding on July 14th regarding the use of the country's oil revenues. While the agreement has been heralded as a resolution to the protracted dispute between the two parties, some civil society observers remain skeptical that the government of Chad has any more will or capacity today to deliver on promises to use oil money for the poor than it did when the World Bank suspended lending to Chad in January of this year. The MOU, which will be in effect through 2007, leaves many questions unanswered and key details about oversight of spending and management of windfalls undefined. Read more Update \| 3 May 2006 World Bank to resume lending to Chad after interim agreement reached with government On April 27th, the World Bank announced that it had reached an interim agreement with the Government of Chad to resume lending and unfreeze bank accounts containing the country's oil revenues. The accounts had been blocked since January of this year, when the Bank suspended lending to the country following the government's decision to rewrite the revenue management law and use oil money for security spending. World Bank press release on interim agreement Read more Update \| 7 March 2006 BIC discusses Chad oil pipeline on NPR: Collapse of Bank's "model" project offers lessons and exposes risks to the poor The recent collapse of the World Bank’s “model” petroleum development project in Chad underscores the vulnerability of the poor as the primary bearers of risk and highlights the pitfalls of promoting extractive industries in countries lacking political stability, history of respect for human rights, or functioning mechanisms of public accountability. Read more Update \| 14 February 2006 Interview with World Bank President Wolfowitz concerning corruption and the Chad-Cameroon Pipeline Following the announcement by Chadian authorities that there would be revisions to the Petroleum Revenue Management Law 001, the centerpiece of the Bank's experiment in converting petrodollars to poverty reduction, the World Bank suspended all loans to Chad. Read more Update \| 6 January 2006 Wolfowitz suspends $124m in World Bank loans to Chad In what some have described as Wolfowitz's first real test in his new position, the President announced the suspension of all World Bank loans to Chad on Friday. Read more Update \| 9 December 2005 World Bank issues statement on Chad Wolfowitz comments on Chad's proposed amendments to the Petroleum Revenue Management Law Read more Update \| 21 November 2005 Chad's Oil Revenue Management Experiment in Crisis Bank Information Center, Oxfam America, Intermon (Oxfam Spain), Environmental Defense and Amis de la Terre (Friends of the Earth-France) have issued a statement concerning the current crisis in Chad over the government's proposal to fundamentally alter the petroleum revenue management law. The fate of the Chad-Cameroon oil pipeline project, a flagship investment for the Bank in the extractive industries and in Africa, has implications not only for the people of Chad, but for the Bank's future involvement in the sector. Read more Update \| 27 October 2005 Chad proposes revision of oil revenue management system The government of Chad has announced its intention to amend the Petroleum Revenue Management Law—the much-vaunted centerpiece of the World Bank’s “model” Chad-Cameroon oil pipeline project—in order to increase revenues available for discretionary spending today. Read more Update \| 15 February 2005 "Chad's Oil: Miracle or Mirage?" BIC and CRS release report Feb 17th Read more Update \| 4 December 2004 World Bank Approves Sixth Structural Adjustment Loan for Chad On November 30, 2004, the World Bank’s Board of Executive Directors approved a $25 million Institutional Reform Support Credit for Chad. Read more Update \| 4 December 2004 IAG publishes 8th Monitoring Report on the Chad-Cameroon pipeline project Read more Update \| 13 October 2004 Chadian activist wins 2004 RFK Human Rights Award for work on Chad-Cameroon pipeline Read more Update \| 11 September 2004 EIR can learn from Chad-Cameroon lessons Read more Country Update \| 29 July 2004 BIC releases Chad Country Update #3 July 2004 Read more Update \| 27 July 2004 Findings on environmental and social impacts of pipeline project Read more Country Update \| 9 June 2004 BIC releases Chad Country Update #2 May 2004 Read more Update \| 13 April 2004 Washington Post features article on Chad-Cameroon Project Read more Country Update \| 13 April 2004 BIC releases Chad Country Update March 2004 Read more Update \| 11 March 2004 Op-Ed in Washington Post on Chad-Cameroon Pipeline Read more Update \| 11 February 2004 Chadian Civil Society appeal to WB Regional VP for Africa to support the EIR Read more Update \| 5 February 2004 International Advisory Group publishes report from December 2003 visit to Cameroon Read more Update \| 15 November 2003 Chadian civil society organizations conduct month-long campaign around Pipeline's official inauguration Throughout October 2003, the network of organizations active around the oil sector in Chad ran a public campaign to call attention to oustanding and emerging problems associated with this project. Overviews of the month's events and press releases are available in French. Read more Update \| 24 October 2003 Chadian government orders closure of country's only independent radio station Less than two weeks after the official inauguration of the Chad-Cameroon oil pipeline, the Minister of Public Security ordered the independent radio station, FM Liberte, to close indefinitely. Read more Update \| 10 October 2003 Chadians call for National Day of Mourning as Chad-Cameroon Pipeline is inaugurated Groups fear imminent oil revenues will strengthen the current regime and exacerbate current insecurity, lack of resources, and human rights violations. Read more Print this page Email this page

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