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    Seeking Alpha: Natural Gas - New Pirate Treasure In East Africa

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Summary

Seeking Alpha analyse East Africa's growing gas markets and identifies the areas with the biggest potential and possible downfalls

by: Erica Mills

Posted in:

Press Notes, Africa

Seeking Alpha: Natural Gas - New Pirate Treasure In East Africa

Some of the largest offshore natural gas fields in the world reside in East Africa, yet these fields have historically had limited success. Challenges facing the region include civil conflicts, questionable recovery of gas, and a lack of distribution infrastructure in some locations. Going forward, there is hope in East Africa for developing natural gas fields to provide energy for electricity and transportation, thus fueling economic and industrial growth. Natural gas would provide a reliable and affordable fuel source for many who have had to rely on highly variable energy sources like hydroelectricity and expensive diesel generators.

Bringing affordable natural gas to market in East Africa will benefit numerous countries across Africa, going from Ethiopia down to South Africa. 

Read the full article HERE.