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Chad/Cameroon oil pipeline diversion may be finished early

  • The diversion of a pipeline that takes oil from Chad through Cameroon to the African coast is 75% complete and could be finished two months ahead of schedule, according to an executive at the state-run company managing the pipeline.
  • Cameroon's construction of a giant hydroelectric dam means the pipeline must be re-routed by 36 km to avoid being submerged in the waters of the reservoir that will be used to generate electricity.
  • The pipeline is owned by ExxonMobil (XOM), Chevron (CVX) and Malaysia's Petronas.
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