Senegal: Senegal Chose Standards. Liberia Chose Oranto

[Liberian Investigator] When Senegal revoked Oranto Petroleum’s offshore license after years of inertia and unmet financial guarantees, it was not merely canceling a contract. Dakar was making a statement: petroleum rights are earned through performance, not preserved by paperwork. Liberia, facing the same company and many of the same questions, chose the opposite path.