Optimism as Nigeria, São Tomé Reignite 17-Year-Old Energy Deal
Hope has been reignited that a 40-year treaty signed 17 years ago for a Joint Development Zone between Nigeria and Sao Tome & Principe will bear fruit. The zone, an area in the region of the Nigeria, São Tomé and Príncipe boundary, is considered to be rich in oil and gas reserves and has seen the signing of a treaty in 2001, which allowed both countries to explore resources without interfering with each other's maritime territory.
The Guardian Nigeria, 2 October 2018
Hopes have been reignited that a 40-year treaty signed 17 years ago for a Joint Development Zone (JDZ) between Nigeria, and Sao Tome & Principe, may become economically viable… Read more »
Top, São Tomé and Principé, bottom, Nigeria