Spotlight | Chad
How Glencore won over Chad leader Deby

Chad’s Idriss Deby can boast about finding a way to buy out Chevron’s stake in the Doba project but the big winner in the operation is Glencore upon which Chad is increasingly dependant because of the possibility the country’s oil [...]
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Chad
Glencore continues to sell its oil while waiting for its debt to N'Djamena to be restructured

In February, the Swiss group made a proposal to restructure its loan to N'Djamena. However, until an agreement has been reached with Chad, facilitated by Minister Djerassem Le Bemadjiel who is acquainted with the Swiss group, the latter will continue to pay itself back in kind.

LogoSubscribers only Energy, Commodity traders 02.05.2022

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