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PROJECTS.

World Bank Moves Forward On African Project

After almost seven years, the board of the World Bank Group (IBRD) has agreed to support the African petroleum development and pipeline project - an unprecedented framework to tap 300 wells in oil fields at Doba in southern Chad and construct a 1,070-km (650 mile) pipeline to offshore oil loading facilities on Cameroon's Atlantic coast. The 24- to 30-inch pipeline will stretch from near Doba, Chad, to an export terminal on the coast of Cameroon. About 106 miles will be laid in Chad, with the remaining 550 miles traversing Cameroon. A seven-mile marine pipeline wil...

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