Gas in Africa
In Africa just lately proclaimed the first time an oil development in the Lake Turkana region in the northeast of the nation, growing to be the third oil producer in East Africa right after Uganda and Tanzania.
Africa provides substantial oil resources, with traditional oil-producing countries mainly in North Africa and West Africa, including Equatorial Guinea, Gabon, Sudan , Congo, Nigeria, Angola, and Chad. These days, some nations in East Africa and West Africa, including Ghana, Liberia and Sierra Leone, have found large oil reserves and joined in oil production.
Wide natural gas resources are also found in South Africa. In February, 2010, significant gas sources were found in Mozambique just offshore and significant natural gas resources available for industrial exploitation were also found in Namibia and Botswana.
Finding a new offshore oilfield in Angola, a conventional oil-producing country, is predicted to substitute Nigeria to be the largest oil producer in Africa. Besides, oil exploration in Madagascar, Seychelles, Ethiopia and Somalia is arrived.
As an growing number of African countries have discovered oil and gas sources, ways to avoid "Resource Curse" becomes a significant problem facing new oil-producing countries. Donald Kaberuka, President of the African Development Bank, mentioned that African countries with new discovery of oil and gas resources should spend money on education and national infrastructure construction, and support traditional industries, so as to lay a solid foundation for eco friendly development.
The Kenyan government suggests that it will invest 15 billion shillings (180 million dollars) in mineral development. The Ugandan government has worked out methodical plans involving highway, railway and energy development and approved a plan of creating a refinery. An oil pipeline will probably be built from Lake Albert to Kampala, the capital city of Uganda.
Africa provides substantial oil resources, with traditional oil-producing countries mainly in North Africa and West Africa, including Equatorial Guinea, Gabon, Sudan , Congo, Nigeria, Angola, and Chad. These days, some nations in East Africa and West Africa, including Ghana, Liberia and Sierra Leone, have found large oil reserves and joined in oil production.
Wide natural gas resources are also found in South Africa. In February, 2010, significant gas sources were found in Mozambique just offshore and significant natural gas resources available for industrial exploitation were also found in Namibia and Botswana.
Finding a new offshore oilfield in Angola, a conventional oil-producing country, is predicted to substitute Nigeria to be the largest oil producer in Africa. Besides, oil exploration in Madagascar, Seychelles, Ethiopia and Somalia is arrived.
As an growing number of African countries have discovered oil and gas sources, ways to avoid "Resource Curse" becomes a significant problem facing new oil-producing countries. Donald Kaberuka, President of the African Development Bank, mentioned that African countries with new discovery of oil and gas resources should spend money on education and national infrastructure construction, and support traditional industries, so as to lay a solid foundation for eco friendly development.
The Kenyan government suggests that it will invest 15 billion shillings (180 million dollars) in mineral development. The Ugandan government has worked out methodical plans involving highway, railway and energy development and approved a plan of creating a refinery. An oil pipeline will probably be built from Lake Albert to Kampala, the capital city of Uganda.