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Oil Piracy in the Gulf of Guinea

March 6, 2013
West Africa Oil Regions

West Africa Oil Regions

West Africa n general and the Gulf of Guinea in particular contains one of the largest proven reserves of oil outside the Middle East.  It is not, however, the most productive, as the region is plagued by poor governance and criminality.

In this month’s issue of Proceedings , Martin Murphy examines what he calls “Africa’s Leaking Wound” – the oil piracy that plagues the region, hinders the development of civil institutions, and funds criminal and Islamist groups across the continent.

 

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