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re: Chad says it has nationalized all assets owned by Exxon Mobil

Posted on 3/24/23 at 10:00 am to
Posted by Oilfieldbiology
Member since Nov 2016
39948 posts
Posted on 3/24/23 at 10:00 am to
quote:

Yes, a lot of them were also described as being pregnant.


Remember when it was proven that the only way to create a pregnant or hanging chad as to stiff 4-6 ballots into the selection apparatus, and amazingly almost ALL of these hanging and pregnant chads were in the favor of Al Gore. Just a stunning, shocking coincidence
Posted by AlextheBodacious
Member since Oct 2020
2541 posts
Posted on 3/24/23 at 10:06 am to
Wouldn’t be surprised if China is involved. They’ve been active in Chad and their oil for awhile.
Posted by facher08
Baton Rouge
Member since Aug 2011
5154 posts
Posted on 3/24/23 at 10:07 am to
quote:

Wouldn’t be surprised if China is involved. They’ve been active in Chad and their oil for awhile.


This was my first thought as well.
Posted by IAmNERD
Member since May 2017
21733 posts
Posted on 3/24/23 at 10:07 am to
Hmm, Chad and China are heavily involved with each other. China has offered up military aid to do counter-terrorism work there. They also have invested heavily in modernizing the infrastructure of Chad.

Slowly, but surely, China is cutting its dependence on US O&G imports. Wonder if Xi gave whoever the leader of Chad is the ol wink and nod to make this move. He probably said "Just take over Exxon's refineries. What are they gonna do?"
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
37776 posts
Posted on 3/24/23 at 10:10 am to
Good fricking luck to Chad but this will be a complete and epic disaster
Posted by notiger1997
Metairie
Member since May 2009
60827 posts
Posted on 3/24/23 at 10:11 am to
quote:

That 28,000 BOPD is gonna go to 0 by this time next year if it’s run by an African government.


This. And we can only hope that certain key suppliers will refuse to sell equipment to them and not allow technical employees to go over and help with issues while this turns to shite
Posted by AlextheBodacious
Member since Oct 2020
2541 posts
Posted on 3/24/23 at 10:11 am to
China has also armed Sudanese rebels who have threatened Chad in the last. China is acting how the US did in Latin America. Creating problems to then solve for the country forcing a relationship. All the while paying off those at the top.

China helped fund the pipeline mentioned in the article. It was originally funded by the world bank but after issues of where the money was actually going, Chad turned to China who doesn’t care about those details.
Posted by Sheep
Neither here nor there
Member since Jun 2007
19691 posts
Posted on 3/24/23 at 10:15 am to
quote:

Sup Niger?


Please.
Posted by Pax Regis
Alabama
Member since Sep 2007
14353 posts
Posted on 3/24/23 at 10:18 am to
There are several African countries that are basically Chinese puppets now. Not sure if Chad is one of them but this definitely reeks of Chinese continued frickery in our energy supply.
Posted by Sidicous
NELA
Member since Aug 2015
18725 posts
Posted on 3/24/23 at 10:21 am to
quote:

This is such short sided thinking.
quote:

yeah! everyone knows long sided is the way to go.
Moderation in everything, medium sided is best!
Posted by Bamafig
Member since Nov 2018
4759 posts
Posted on 3/24/23 at 10:28 am to
Substitute US Government for Chad and you see our future
Posted by ShaneTheLegLechler
Member since Dec 2011
62215 posts
Posted on 3/24/23 at 10:29 am to
Posted by ShaneTheLegLechler
Member since Dec 2011
62215 posts
Posted on 3/24/23 at 10:30 am to
quote:

Hmm, Chad and China are heavily involved with each other. China has offered up military aid to do counter-terrorism work there. They also have invested heavily in modernizing the infrastructure of Chad. Slowly, but surely, China is cutting its dependence on US O&G imports. Wonder if Xi gave whoever the leader of Chad is the ol wink and nod to make this move. He probably said "Just take over Exxon's refineries. What are they gonna do?"


Downside - having to deal with Africa
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
3389 posts
Posted on 3/24/23 at 10:36 am to
Do you mean near sided or far sided?
Posted by oleheat
Sportsman's Paradise
Member since Mar 2007
14190 posts
Posted on 3/24/23 at 10:39 am to
This will be some good comedy. Nothing will be operational in a short while....
Posted by eatpie
Kentucky
Member since Aug 2018
1451 posts
Posted on 3/24/23 at 10:40 am to
quote:

An African government nationalizing an industry should do wonders for production and efficiency


Worked well for south africa after apartheid...
Posted by ragincajun03
Member since Nov 2007
25066 posts
Posted on 3/24/23 at 10:45 am to
Environmental disasters to ensue.

Not that Chad or China would give two shits. Contaminated rivers and drinking water? Those two governments will give zero fricks.
This post was edited on 3/24/23 at 10:49 am
Posted by Pax Regis
Alabama
Member since Sep 2007
14353 posts
Posted on 3/24/23 at 11:03 am to
quote:

This will be some good comedy. Nothing will be operational in a short while....


Unless the plan is to let the CCP operate those assets. Which is probably what is going to happen.

China is acting just like the US did for most of the 20th century. But we are now too soft and politicians are too compromised to do anything about it. We are a second tier world power to China right now but no one wants to admit it.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
31840 posts
Posted on 3/24/23 at 11:07 am to
Truck nuts ON [OFF]
Posted by ob1pimpbobi
College Station
Member since Jul 2022
2637 posts
Posted on 3/24/23 at 11:16 am to
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