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allafrica - 25 days ago

Senegal: Senegal Chose Standards. Liberia Chose Oranto

[Liberian Investigator] When Senegal revoked Oranto Petroleum s offshore license after years of inertia and unmet financial guarantees, it was not merely canceling a contract. Dakar was making a statement: petroleum rights are earned through performance, not preserved by paperwork. Liberia, facing the same company and many of the same questions, chose the opposite path.


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