Global Piracy Acquires a New Dimension
Gulf of Guinea has emerged as a new 'hot spot' for pirates Piracy attacks off the Horn of Africa and in Southeast Asia have attracted most attention but the Gulf of Guinea has emerged as a new "hot spot". Increased assaults are threatening the economic development of the region, particularly the exploitation of its marine resources, according to a maritime security expert.The menacing dimensions of such attacks are underlined by the fact that the Gulf of Guinea adjoins the shores of West and Central Africa between Guinea Bissau and Angola. Eminent countries in the region include Ghana, Liberia and Nigeria. Large quantities of oil, fish and other marine resources make the region a potentially rich economic zone, which produces more than 5 million barrels of oil each day and more than three quarters of the world's supply of cocoa.The Gulf of Guinea region, along with the Congo River delta and Angola further south, are in fact expected to provide around a quarter of the United States' oil imports by 2015. The region is regarded as one of the world's top oil and gas exploration hotspots.However, as Sam Bateman points out, "the region has more than its fair share of problems, ...
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