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Oil and Gas Boom across East Africa at Risk

GlobalData
Published Date » 2014-08-05
No. Of Pages » 8
   
 Ten years ago, East Africa was not a major oil and gas exploration basin despite drilling activity dating back to at least 1960. Now, Uganda and Kenya are estimated to have commercial recoverable reserves of 1 billion barrels of crude oil and Tanzania and Mozambique to have 130 trillion cubic feet of natural gas. Exploration is now spreading to Somalia, Ethiopia, Madagascar, Comoros, Seychelles and Mauritius. This resource potential offers East Africans a reason to be upbeat about potential economic growth over the next half-century, but significant challenges remain. Establishing a competitive business environment governed by a stable and robust regulatory framework that encourages and protects foreign investment will be necessary. 
   
  Scope  
   
 
 
 Widespread Oil and...
Table of Contents

1 Table of Contents
Exploration Bonanza
Political Stability and Infrastructure Development

List of Tables


Table 1: Asian Companies' Equity Share in East African Oil and Gas Blocks/Fields
Table 2: Estimated Average Annual Revenue from these Assets as they Relate to their Respective Countries 2013 GDP
Table 3: Planned Infrastructure Developments in East Africa
Table 4: Challenges Facing Oil and Gas Industry in East Africa

List of Figures

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