A: Chad lies on the geographical coordinates of 15° 0' 0" N, 19° 0' 0" E.

Latitude and Longitude of Chad in other units:

More detail about Chad

Chad is a New Player in Oil

Chad is an African country located south of Libya and north of the Central African Republic. The country has become notable for its recent entry into the world of oil production.

A series of companies have entered Chad within the past decade to focus on the development of oil in the area. The country has been long seen as a possible site for oil production. Billions of dollars have been spend in the past decade to tap into these resources.

The country has made several leaps and bounds with oil. A refinery was built in Chad a few years ago. A massive pipeline system has also been established.

Chad has been exported many barrels of oil to all sots of countries since it got into the oil industry. However, the amount of oil in the country is not as much as what can be found elsewhere.

This has helped to general oil outlook but there are still some problems that are causing oil in Chad to be risky. The landlocked position of Chad and the ongoing concerns in nearby Libya have hurt the oil business in Chad. There are also concerns about rebel groups impacting the country?s government.

It should be noted that oil is only a small part of the overall economy around Chad. Most of the economic growth and development in Chad has come from farming and livestock. These points have come from local farms.

Also, the country has had to receive help from foreign countries with regards to improving its quality of life. The World Bank has especially pitched in to support the oil production in the country. This is provided that a majority of the earnings Chad gets off of its oil are spent on things that will improve the quality of life in the country.