Lake Chad Basin Commission a member of the International Network of Basin Organizations (INBO). The Lake Chad Basin Commission was created in 1964 by the four countries bordering Lake Chad: Cameroon, Chad, Niger and Nigeria. The Republic of Central Africa joined the organization in 1996, Libya was admitted in 2008. Observer status is held by Sudan admitted, Egypt, the Republic of Congo and the Democratic Republic of Congo. The aims of the commission are to regulate and control the use of water and other natural resources in the basin and to initiate, promote, and coordinate natural resource development projects and research. Hydrologically, the Chad
Chad–Cameroon Petroleum Development and Pipeline Project no term limits. A climate of intense corruption has created an unequal distribution of wealth and poor conditions for domestic and international investments. The portion of the pipeline owned by Cameroon is managed by the Cameroon Oil Transportation Company (COTCO). This company is incorporated in Cameroon, and is a joint venture between the governments of Cameroon and Chad, and the Upstream Consortium, an independent monitoring institution. The World Bank's support was very important for the Consortium of oil companies, as they believed they needed the support of the Bank in order for the project to succeed. While the project's private