Science and Technology : 'Incredible increase' in oil, gas in East Africa

Discussion in 'Science and Technology' started by Clyde C Coger Jr, Jun 21, 2013.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa,




    ... If the African Governments and the Oil companies both act without corruption, this discovery will help lift the motherland out of poverty.


    [​IMG]
    Reuters/Reuters - Workers are seen at an oil exploration site in Bulisa district approximately 244km (152 miles) North-West of Kampala January 20, 2012. REUTERS/Stringer


    'Incredible increase' in oil, gas in East Africa

    'Incredible increase' in oil, gas exploration in East Africa; industry eyes new boom region

    [​IMG]By Jason Straziuso, Associated Press | Associated Press – 3 hrs ago

    NAIROBI, Kenya (AP) -- East Africa is in the middle of an incredible energy boom that is likely to last decades, according to energy industry executives who gathered this week in Kenya's capital in a sign of the region's growing prominence.
    The last couple of years have seen significant oil and gas discoveries in Kenya, Uganda, Tanzania and Mozambique. Even Somalia hopes to get onboard though security woes and a lack of regulation make the likelihood still years away.
    "This region was definitely underexplored in the last decade," said Martin Trachsel, the chief executive of South Atlantic Petroleum Limited. "Most companies were exploring in West Africa. It's part of a general trend of people looking for more oil."
    New technology also has contributed to the string of new discoveries, he said.

    "The industry is innovative. It always finds new plays and new ways of finding oil and gas," Trachsel said.
    http://news.yahoo.com/incredible-increase-oil-gas-east-135642026.html


    Peace In,
     
  2. Corvo

    Corvo navigator of live MEMBER

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    If the African Governments and the Oil companies both act without corruption.

    Clyde you are funny some times. That is one huge IF....... Perhaps some drops will fall on the people. Keep them fingers crossed???
     
  3. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    I really am a funny guy Corvo, I love to laugh and make others laugh(its good for the heart, I'm sure you know), but, I'm just as serious as I am funny; probably more so.

    Yes, it is a huge IF. I call myself explaining as you have that the people will suffer due to Government and Oil company corruption; the very thing that's going on right this minute, unless we pay attention. Oil companies alone will not be the full blame. Anyone paying attention to the motherland should know these facts, the same as you.

    So please, tell any of my haters you may know, I'm not a bad guy:cool:


    Peace In the Spirit of Sankofa,
     
  4. NNQueen

    NNQueen going above and beyond PREMIUM MEMBER

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    Requirements
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  5. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Thanks NNQueen:


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  6. Corvo

    Corvo navigator of live MEMBER

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    Bro. Clyde, I'm not sure you have haters here. I don't always agree with your take on things. But it's more then clear that you have our best interest in mind. That needs to be the bottom line, our overall interest. true we may take different paths toward a common goal.

    I'm sure we can agree on that it can get too serious around here at times.
     
  7. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    That's reassuring to know, thanks bro. Corvo. Exactly, we are in different lanes of thought, all moving toward the same goal for our people, liberation. And yes, it gets very serious at times, which is why I love to interject a little laughter, here and there ...


    Peace In my friend,