Game Changing Gas Finds off East African Coast

It’s  not the cleanest fuel but it’s the cleanest fossil fuel and each new discovery promises to bring the price down and offer a cleaner alternative to oil and coal.

Anadarko proposes $15bn in new investments to access newly discovered natural gas off the coast of Mozambique–whose entire GDP is on l $12bn!

If managed correctly the subsequent increase in foreign direct investment will be a huge boost for the economies of Kenya, Mozambique, Tanzania and other East African nations.

The US Geological Survey says East Africa’s coastal region has more natural gas than Saudi Arabia!

For the full story click below:

http://www.news24.com/Africa/News/Natural-gas-boosts-East-Africa-20120619

 

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One thought on “Game Changing Gas Finds off East African Coast

  1. Bill Thompson says:

    Darnley, what a potential bonanza for East Africa. Thanks for surfacing this article. Keep up the good work. Bill

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