Discover the Investment Opportunities in East Africa
- Mozambique’s reserves are large enough to turn the impoverished country into a major energy exporter. The country has potential recoverable reserves of 30 trillion cu ft
- Tanzania has approx. 7.5 billion cubic feet of gas reserves. The past month has seen the discovery of enormous gasfields in Tanzanian offshore waters
- Uganda’s Albertine Basin has oil reserves of approx 2.4 billion barrels
- The entire East Africa Rift System (EARS) and region, as well as the Indian Ocean coastline of Tanzania is highly prospective
- 28 prospective sedimentary basins in the East African region
- Resource potential in the region of up to 2 billion barrels of oil
- Huge infrastructural opportunities throughout the region
- Ethiopia‘s Ogaden basin – estimated reserve of 4 tcf of gas
- Total oil production in the region (excluding Sudan) could reach approximately 210,000 barrels per day (bpd) in 2015, and nearly 389,000 bpd by 2020
- Enormous opportunities and potential of block 14T in Kenya
- The Lake Albert basin holds over a billion barrels of proven reserves and possibly twice that in potential finds.