Sign up to Booker Rising's RSS feed to receive updates in your feed reader or sign up with your email address below to receive the updates via email!
* we respect your privacy and will never share your email.

East Africa Seen As New Frontier For Gas

From AfricanLiberty.org: "East Africa has emerged as the new frontier for natural gas production, boosted by offshore discoveries in Mozambique, Tanzania and Madagascar, a report by Ernst & Young shows. The report released on Tuesday says 'the most dynamic recent developments in the African natural gas sector have been in East Africa,' despite most of the major players coming from further north."

The article continues: "In the last five years, energy firms including Italy's ENI and US group Anadarko Petroleum have reported several large-scale offshore gas finds in northern Mozambique's Rovuma basin and Mamba fields. Recoverable gas reserves in Rovuma is estimated at three trillion cubic meters, the report said. Leading global oil groups are getting in on the act as discoveries in Madagascar and Kenya have upped the ante. In Tanzania, BG Group, Ophir Energy, Statoil and ExxonMobil have all found 'major gas deposits.'"

Copyright 2004-2011. Booker Rising All Rights Reserved. Blog Design by Blog Theme Machine