Is East Africa the next continent’s petroleum province?
Published by
Daily Monitor

East Africa now straddles across a huge landmass divided into two oceans- the Atlantic and Indian oceans- after the admission of the Democratic Republic of Congo (DRC). But there is more to this story. Experts project the region is set to become Africa’s petroleum province and a shining frontier in the oil and gas scene. Most, if not all countries in the region are the latest entrants into the ranks of oil and gas producing nations on a global scale. In fact, South Sudan, Kenya and Uganda hold the region’s 10.8 billion barrels, with more barrels expected during exploration of new blocks, accor…

Read More