Kenya Breaking News, Business Information, Articles, Africa - kenyadetails

Tanzania and Mozambique: Top Players in Oil and Gas Market

Africa’s energy industry will see a boom in the coming years with Mozambique and Tanzania set to emerge as new gas frontiers if they get the required investment, according to PriceWaterhouseCoopers (PwC) study.

 Mozambique has the potential to be the world’s third largest producer of LNG, after Qatar and Australia, but needs to secure between US$20bn and US$25bn dollars in foreign investment, the consultancy said.

 

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4th International Oil and Gas exhibition- Kenya

Kenya is a major center for oil and gas activity in Africa. The 4th International Oil and Gas exhibition will be a hub for key players in oil and gas community. The exhibition will be from 27th to 29th April 2015 it will be conducted at Kenyatta international conference center at Nairobi.

 

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Canadian firm commences drilling in Kenya

Oil exploration in North East of Kenya is rapidly progressing, with the commencement of drilling at the Badada-1 well in Block 2B of the Mandera Basin. This comes at a time global oil prices have crashed below $50 per barrel.

 

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OIL AND GAS TANZANIA-2015

Tanzania is one of those countries that has emerged and made a mark as one of the leading supplier of gas globally. Large amount of foreign investors have entered the east African market and are now focusing on Tanzania. Tanzania now has become a lucrative market where everyone wants to get a piece of share. The first Oil & Gas Africa – international Trade Exhibition, will be held from the 27th to 29th of August 2015 at Tanzania's prime international venue; the Mlimani Conference Centre in Dar-es-Salaa . This event will be the hub for key players in leading oil, gas and petroleum companies from around the world.  We would have prominent speakers who would give in their time and energy to discuss the latest issues and development in the Tanzania’s Oil and Gas market.

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