Friday, April 6, 2007

Exxon releases plan to compensate Chad villagers

(Reuters) - Exxon's affiliate, Esso Chad, commissioned the report following concerns expressed by the World Bank's private-sector lender, the International Finance Corp , which helped finance a pipeline that carries oil from Doba to the Atlantic Ocean through neighboring Cameroon.

The IFC said families would be worse off in the long term if their livelihoods were not restored.


Read more at Reuters.com Business News

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