AFRICA’S NATURAL GAS MARKET: its role in the world energy complex
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AFRICA’S NATURAL GAS MARKET: its role in the world energy complex
Annotation
PII
S0321-50750000616-3-1
Publication type
Article
Status
Published
Edition
Pages
61-66
Abstract
The article analyzes the fact that the African continent role on the world natural gas market has substantially grown recently as a result of the unique resources discoveries on the East African countries’ sea shelf and the new data on the large shale gas reserves in a number of African countries. It is underlined that these discoveries have aroused considerable interest of the famous transnational companies which are taking active part in this sphere of exploration on the continent. The article deals with the gas infrastructure condition in some countries and the prospects of new facilities construction for natural gas extraction, processing and delivering. The opportunities for state revenues growth connected with the increase in gas production and export are estimated. The author comes to the conclusion that gas sector development is very perspective for African states’ economy but at the same time it is linked with different financial, ecological and other risks that should be analyzed before the beginning of any project.
Keywords
natural gas resources, African countries, Mozambique, Tanzania, shale gas potential, ecological risks
Date of publication
01.12.2015
Number of purchasers
0
Views
657
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0.0 (0 votes)
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References



Additional sources and materials

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