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Australia Explores in East Africa for LNG [ANALYSIS]

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By Kim Moss, for Future Directions International

Decades of exploration in East Africa, have produced few large discoveries of oil and gas. Past exploration has also been hampered by political uncertainty and regional conflict. Things look set to change, however.

Key Points

 

Attention is now focusing on East Africa’s offshore natural gas discoveries and this process escalated in 2012. The discoveries have garnered the attention of large international oil companies, which has led to investments in large exploration projects in the region. The gas finds have generated a marked interest, due not only to their size but also their placement in proximity to Asia. The discoveries have placed East Africa in...

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