Reginal Report: East Africa ///
Limited historical exploration success and political instability in East Africa had led to a misconception that this region has limited oil and gas potential. Gas resources were found offshore in the 1970s, with not much more than oil shows onshore. Since 2006, independent African explorers began to pick up acreage, following which, they initiated the first serious exploration efforts in the region. Frontier exploration offshore East Africa has also commenced, with incredible successes. This article focuses on three countries in East Africa with evolving oil and gas activity: Kenya, Tanzania and Mozambique.
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