the gulf of guinea and the global economy - AIPN
the gulf of guinea and the global economy - AIPN
the gulf of guinea and the global economy - AIPN
- No tags were found...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
I. The Potential <strong>of</strong> <strong>the</strong> Gulf <strong>of</strong> Guinea(1)The region enjoys a comparative advantage for <strong>the</strong>supply <strong>of</strong> oil <strong>and</strong> o<strong>the</strong>r raw materials:‣ Endowment with abundant natural resources, notably oil, naturalgas, forestry <strong>and</strong> fishery;‣ Transportation cost advantage stemming from <strong>the</strong> geographicalposition <strong>of</strong> <strong>the</strong> region: openness to <strong>the</strong> sea <strong>and</strong> relativecloseness to consuming markets;‣ Absence <strong>of</strong> maritime chokepoints;‣ Tremendous potential <strong>of</strong> natural gas.3