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Oil Should Stay In Triple Digits: Analyst

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The Top Contender For Oil And Gas Country Of The Year

It is not uncommon to see renowned magazines and journals name “people of the year” for outstanding achievements in various spheres of social, political and scientific life. Time has named the murdered Saudi journalist Jamal Khashoggi Person of the Year 2018 along with other “guardians” of truth, whilst The Economist labeled Armenia the one nation which has made the greatest headway last year in overcoming its past deficiencies. There still remain more than seven months in 2019, during which anything can happen, even the most outlandish of things, yet there is already a hot contender for the title of Oilprice Oilman of the Year – Macky Sall, President of Senegal. Having so far avoided the pitfalls of development gone wrong à l’africaine, Senegal foreshadows the heretofore rarely seen, unrefined picture of a transparent Africa.

The first advantage of President Sall is his background – it is very rare to see a President of an oil-producing nation actually hailing from the petroleum sector (Sall is a Dakar- and Paris-trained oil geophysicist). Most leaders, like President Bouteflika of Algeria, President Bongo of Gabon and Colonel Gaddafi of Libya, rose through military ranks - only Angolan President José dos Santos studied petroleum engineering in the Soviet Union. Throughout his political career, Macky Sall was director general of Senegal’s national oil company Petrosen as well as the state’s Energy Minister,…




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