A Brief Note On Chad Cameroon Petroleum Development And Pipeline Project

Also, Burma served as a strategic location to other markets in Southeast Asia and more potential profits in the future for the company. A benefit for the country of Burma is that there would be money available every year to the government that it could use to improve the economy, infrastructure, or other aspects of the country. The lives of the native people in southern Burma close to the pipeline area who are employed to work on sustaining the pipeline after construction would improve because of the jobs that would be created. People would have better access to healthcare, food, better education, and other lifestyle improvements. The project also provided jobs for the workers of Unocal who would be working on construction and other parts of the project. People from other countries would also benefit from the use of the natural gas that would be made available. Unocal was possibly saving money through the use of the Burmese military that provided security during construction of the pipeline instead of spending more to keep their workers and the pipeline safe.

Oil has often been referred to as any economy’s lifeblood. Although this is an overemphasis, oil has been the key, nonhuman resource of the economy throughout the largest part of the 20th century. In the book “The Prize: The Epic Quest for Oil, Money, And Power” by Daniel Yergin, the author illustrates the political, societal, economic, and geo-strategic importance of this product.

The pipeline is 1,172 mile long and it will transport approximately 470,000 barrels of oil per

Oil has been an important resource of energy in America “since the discovery of the Spindletop geyser in 1901. It drove huge growth in the oil industry in America. Within a year, more than 1,500 oil companies had been chartered, and oil became the dominant fuel of the 20th century and an integral part of the American economy” (History.com Staff). This had developed the construction of pipelines to move the oil within the country and offshore in coastal waters. Recently, the federal government approved the construction of a new pipeline that would be transporting crude oil from North Dakota to Illinois.

According to CNN, the proposed pipeline, would span nearly 2,600 kilometers across 6 U.S. states. Transferring more than 800,000 barrels of carbon-heavy petroleum daily, from Canadian oil sands, through Nebraska, to refineries in the Gulf Coast. Moving forth with the pipeline project, it is said to cost $7 billion.

Since July of 2016, there has been an extensive amount of tension between protesters and law enforcement over an oil pipeline near the Standing Rock Sioux Reservation. The Dakota access pipeline is a 3.7 billion investment project that would carry 470,000 barrels of oil a day from the oil fields of western North Dakota to Patoka, Illinois. The Dakota access pipeline is a stirring issue and is causing thousands protesters to camp out in rural North Dakota to protest for what they believe. The Dakota access pipeline is to be built by Texas energy transfer partners to move a massive amount of crude oil a day. This pipeline is 1,172 miles long, thirty inches in diameter. It will connect the expanding Bakken and Three Folks Production areas in North Dakota to Illinois. The pipeline will allow domestically produced oil from North Dakota to reach larger markets in a more direct, safer, and cost-effective manner. The issue with the pipeline is it would have to cross under the

Keystone pipeline is a proposed crude oil pipeline that would be built from Hardisty, Alberta all way through Steele, Nebraska. It would stretch for 1,179 miles and it would transport up to 830,000 barrels of oil per day. The project was proposed by Trans-Canada to the United States government in 2005 and since then, it has been a controversial subject between the two neighbouring countries. The company argues that the pipeline would support more than 42,000 direct and indirect jobs while reducing American dependence on foreign oil by 40%. The president has the veto power over the decision on keystone and so far nothing has been agreed on with both parties. The project is currently being reviewed by the U.S senate.

One of the big issues is farmers in Iowa are concerned about the damage to the land and groundwater if the pipeline had a leak and went into the ground or water. This pipeline is 1170 miles long and it could carry 500,000 barrels of oil a day. The big problem is it has to go through the river and if the pipeline leaked any oil it could contaminate that river and people drinking water. According to the USA, The Bakken oil company sends some of their oil by rail if they build this pipeline they can move corn quicker on rail and not have problems, But if they move corn quicker the price of grain will go down and it will hurt the farmer. Another problem is the farmer put tile in the ground to drain water off their land the company putting in the pipeline does not care about the farmers tile The pipeline would cost 3.8 billion dollars. This concludes that the environment and farm are affected by this big time.

The approximate 1,172 mile, 30-inch diameter, would connect Bakken and Three Forks production areas in North Dakota to Patoka, Illinois. The pipeline would allow oil to be moved in a “More profitable and environmentally safer manner.” Yet, any leak would cause immediate and irreplaceable

Earlier this year construction was started on an oil pipeline that would carry 400,000 barrels of oil a day from the Brakken and Three Forks region of North Dakota down to an existing pipeline in Illinois travelling through South Dakota and Iowa. It’s being built by a company called Energy Transfer Partners, and its total costs are around $3.7 million dollars. This company says that the reason for the pipeline is to lessen reliance on foreign oils, and that it is more environmentally safe than having the oil transfer by railways or by trucks. They also cite its economic benefits which include 8,000-12,000 jobs in construction and

The North Dakota oil pipeline, also known as the Bakken pipeline project, is a controversial underground pipeline development in the United States initiated in the year 2014. It is an access pipeline scheme approximated to run over 1,172 miles or 1886 km underground with 30-inch diameter pipeline from the Bakken oil field in North Dakota to Patoka in Illinois. The plan of the project is that the construction should be in a somewhat straight line from North Dakota, through South Dakota, Iowa to Illinois, with a completion time estimated to be by the end of the fourth quarter of 2016. The projected budget for the accomplishment of North Dakota oil pipeline is $3.7 billion raised through loans and shareholders’ contributions. Upon its completion, the pipeline will transport over 470,000 barrels every day with a potential to transport in excess of 570,000 barrels daily, which constitutes over 50% of the current crude oil production in Bakken per day (Energy Transfer).

In the “The Prize: The Epic Quest for Oil, Money, And Power,” Yergin undertakes the reader upon a thorough and enjoyable journey through oil history, from the first 1859 well drilling by Colonel Edwin in Pennsylvania during up to the invasion of Kuwait by Saddam Hussein in a wrathful grab for oil and wealth in 1990 August. Yergin explores the role of oil in warfare, depicts the ever-changing organization of the oil sector, and examines the prominent, as well as often flamboyant petroleum players. The book is a well-researched and well-written, and supplement to a history branch, which until very lately, had been regrettably neglected—history of business.

The Chad Cameroon Petroleum Development and Pipeline Project is one of the largest investments in the private sector in Africa that costs approximately US$3.7 billion. The project is being funded by the World Bank and the International Financial Corporation. The involvement of these two major financial institutions is a demonstration of the rationale that the project will generate revenue that will enable the Chad and Cameroonian governments to invest more in programs that focus on reducing poverty like rural employment, education, and health. The involvement of the International Financial Corporation will be geared towards accomplishing three major roles. These are long-term financing, stabilizing role, and uplifting the quality and standard of mitigation plans and environmental assessments.

     Violation of Human Rights, destruction of the environment, and denial of freedom of speech and congregation are the ethical issues raised in this case. The Human Rights violations are many. The Nigerian special police force raped, tortured, and murdered hundreds who spoke out against the tyrannical government. All together they killed 2,000 Ogoni, razed 27 villages and displaced over 80,000 people who fled into the bush as refugees. The oil spills by the Shell Company, the lying of the pipeline across farmlands, and

Most children in the Niger delta have little or no education, due to lack of funds from their parents who have lost their lands and have no jobs because of limited opportunities. The Niger delta government and the oil companies have refused to look into the situation; instead they favor their close relations neglecting the masses. Corruption in the Niger delta has led some youths in taking drastic measure in order to put food on their table. For example, Ikechukwu Efe an indigene of the Niger delta said that some of his friends created their own “oil refinery”, which is made up of crude oil in metal barrels with controlled heat from fire woods. This is a dangerous process in refining crude oil but the degree of poverty in the state left his friends with no choice. If only the government of the Niger delta have created jobs with the wealth of the state Ikechukwu’s friend would not have to put their lives in danger. Until corruption is put to an abrupt the people of the Niger delta will continue to live in poverty.