FAR

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West and North Africa were basically all French colonies. King...

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WhiteNoise

6,650 Posts.

02/10/16

13:41

Post #: 19566032
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Originally posted by Space Cadet ↑

WN,

I was thinking Kenya strategically for French Government. Every conflict in Middle East and Africa is to do with where the pipelines are going to go. Chinese want Uganda and Southern Sudan oil to be exported from Kenya. Iran and Northern Sudan want it through Sudan. Northern Sudan is Islam majority. Southern Sudan is Christian majority. French Military are in Mali because Iran fund extremists through Sudan and Central African Republic and across to Nigeria. Want to disrupt Western African Oil exports. It is all strategic for market share. The trouble in Syria has more to do with pipelines to Europe than anything else. Russia aren't in Syria for a picnic! They are protecting there gas monopoly into Europe. Turkey want pipeline to go through Turkey to Europe. The thing is who will Turkey finally side with? They hate the French but don't want to upset US. Not yet anyway. They have been trying to broker an agreement between Saudi's and Iran of all things to enable them to be a major player. It is a very complicated area. French Government are being very strategic in Africa. They even have started big enterprise deals with Iran. How all this plays out will tell us how the new world order fits. It's all about the pipelines and where they go and who gets market share. So Senegal is very strategic but Kenya can be too. Might seem off topic but really it isn't! Very messy! Anyway I can see how FAR could be very Strategic for France. Total is their way of getting into Senegal so quite possible. Less trouble there than other areas in West Africa. No expert mind you but have read a little on subject. IMO only. Can't see any of this turning out OK. Countries are changing allegiances and even worse I think some may have more than one face.

SC

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West and North Africa were basically all French colonies.

King Leopold II totally screwed up the Congo.

Meanwhere East Africa was C Rodes private playground for British domination.

Now they are just another load of crupt African countries going down the plug hole.

Can't see the Ugandan oil reaching the market any time soon, although with the Chinese involved it will happen.

Senegal offshore big oil discovery with proven high flow rates.

All mine or is that Total?

FAR Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
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Last 47.0¢		Change 0.015(3.30%)		Mkt cap ! $43.43M

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