article of interest, page-30

A new El Dorado Gas

The southern and eastern shores of the continent would be comparable to the North Sea, whose gas reserves have enriched Europe. In Mozambique, ENI announced in October that it had identified a deposit that could produce 300,000 barrels of oil equivalent per day in 2016. This discovery, after those of Anadarko, will the country one of the world's leading producers. Remains to devote sufficient resources to the development of this sector. According to Ecobank, $ 230 billion (176 billion euros) will be needed over five years to expand production capacity of liquefied natural gas sub-Saharan Africa and 22.6 billion to build power plants to natural gas. Among the partners can count on which the countries of the region, China, which signed a contract in October to $ 1.7 billion for the construction of a unit of electricity production in Tanzania. Anadarko would work on its side on a proposed LNG plant in Mozambique. MP


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