Oil & Gas Africa: Disputes Simmer Over Exploration Rights In Eastern Africa
The discovery of large reserves of oil and gas has raised the profile of eastern Africa countries, with the potential of joining world’s energy producers. But the new found reserves have brought a bigger problem and triggered escalating disputes among the soon to be new oil states in Africa.
From the Horn of Africa to the Great Lakes, tussles over exploration blocks are fast morphing into full-blown disputes that analysts warn risk slowing the search of oil and gas and create uncertainty in ownership of tens of billions of barrels of oil.
Read the full article HERE.