An Uncertain Future

Oil Contracts and Stalled Reform in São Tomé e Príncipe

Map of São Tomé e Príncipe

Glossary of Acronyms

Summary

Background

Oil Sector Development: Licenses for Exploration

Institution Building and Oil: Short-Lived Efforts

Mismanagement, Controversy, and Signs of Corruption

Joint Development Zone

The Cost of Early Deals

Stalled Reform

Prospects Moving Forward

Conclusion

Acknowledgements