Word: saharans
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Dates: during 1960-1969
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...desert at Edjelé and Hassi Mes-saoud, well-paid, sun-blackened oilmen live in air-conditioned bungalows, splash about in swimming pools-and work in temperatures up to 130°. The 70 Saharan wells already producing are expected to pump 20 million tons of oil this year through two new pipelines to the coast. The $2 billion invested thus far, by a combination of French government and private capital, is expected to produce enough oil to meet all of France's needs...
Ferhat Abbas was particularly impressed by Bourguiba's account of De Gaulle's position on the Sahara, which the F.L.N. fears France intends to keep. "It is not French sovereignty which is important," De Gaulle had said. "What mat ters is that France should have access to Saharan oil rather than pay for its oil in dollars." The joint communique of the three leaders contained the F.L.N. acceptance of De Gaulle...
Africa, because the oil companies are caught between the rising tide of Arab nationalism and the intense competition from the newest fields. The development of France's Saharan oil fields (TIME, Aug. 17) will cut into the European market for Mideast oil; in addition, Russia is shipping oil not only into Western Europe, but through the Bosporus into Egypt and North Africa. For these reasons, new oil concessions are being granted all over the Middle East. Examples: ¶ In Yemen the American Overseas Investment Corp. was exploring a 10,000-sq.-mi. concession in the northwestern coastal plain...