U.S. Considers Building Port at Sao Tome (To Protect Oil Interests)

[Khephra]

DAKAR, Senegal -- The United States is studying whether to build a deep-water port and new airport at Sao Tome, an island nation touted as a possible Navy base to protect growing Western oil interests in West Africa.

Ambassador Kenneth Moorefield and Sao Tome ministers signed the $800,000 study agreement at Sao Tome's current international airport, the U.S. Trade and Development Agency said in a statement.

Sao Tome, off oil-rich Nigeria, is one of the lead nations in an oil boom in West Africa as the United States, Asia and Europe look for alternatives to Mideast oil.

West Africa's Gulf of Guinea supplies the United States with 15 percent of its oil, a figure projected to grow to 25 percent by 2015.

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