African natural gas riches

: James and Alex BonTempo / Foter.com / CC BY-SA

Massive interest in the West and Eastern African oil and gas deposits means a significant rise in spending on oil and gas resources in the continent.

“Hundred trillion cubic feet of gas has been discovered to date in East Africa and we estimate yet-to-find reserves could be as much as 80 tcf in Mozambique and 15 tcf in Tanzania,” says Martin Kelly, Wood Mackenzie’s Head of Sub-Sahara Upstream Research in a report published in late summer this year.
“There is clearly plenty of gas to supply the likely commercialisation route of LNG - theoretically enough to support up to 16 LNG trains.”
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