East African oil & gas market to be worth $3.9 BN in 2013

Monday 27 May 2013, Amsterdam

Our analysis indicates that the East African oil and gas market will reach a value of $3.9bn in 2013. Countries in the region will experience exponential growth as exploration and production for hydrocarbons increases and oil and gas infrastructure projects are being developed to meet the regions growing energy demand. Our analysis provides a comprehensive overview of the East African oil and gas market taking into the various factors influencing the development of the market.

The lead analyst of the report on the East African oil and gas market commented that ‘East Africa is the world’s new oil and gas hotspot. The region had been neglected by the oil industry for decades and we are only now realising how much potential there is. Recent offshore finds will change the dynamics of the global LNG market and onshore oil production will begin in the region within the next five years. But this is only the beginning of what promises to be a real success story. The majority of the region’s hydrocarbon-bearing basins are heavily underexplored and provide a strong basis for future development. Over the next ten years the East African oil and gas market will experience rapid growth as the region’s potential unfolds and the market gains in international significance.’

The East African oil and gas market 2013-2023, analyses this rapidly developing part of the energy market and provides insights into the drivers and restraints that will shape development in the region over the next decade. The report contains 136 charts and graphs that add visual analysis in order to explain developing trends within the East African regional market, and the 6 national markets. In addition, the report provides extensive information on all East African exploration and production blocks as well as an overview of the major companies operating within the East African oil and gas market.

The report on the East African oil and gas market 2013-2023 will be of value to current and future potential investors in the East African oil and gas, energy, and natural resource markets, as well as companies who wish to broaden their knowledge on the development on the East African market as a whole.