Tuesday 10 February 2015

OIL & GAS IN EAST AFRICA: THE STRIDES OF A NEW FRONTIER

As the conversation continues about the commercial viability of discoveries in East Africa, the nations that will soon join the league of oil producers in Africa continue to fan their optimism. Kenya, Tanzania and Uganda are top of the list among hopefuls. However, the dynamics of East Africa’s geology and geography is somewhat complex. British firm Tullow’s discovery in Kenya is onshore. Despite uncertainties about the economics of production, full production might take many more years. The peculiar challenges presented by the geography of East Africa are best illustrated by juxtaposition with Ghana’s emergence as an oil producing country.

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