Browsing: Oil in Kenya

ExxonMobil, Shell, EACOP
  • Uganda, Kenya, and Tanzania are building their oil and gas economies at a very fast pace
  • Algeria is Africa’s leading natural gas producer, with almost 2.4 trillion cubic meters of proven reserves
  • Nigeria is Africa’s largest oil producer, and Africa accounted for approximately eight per cent of the global oil output in 2020

When it comes to oil and gas in Africa, there is plenty of potential to produce enough energy on the continent.

Africa accounted for approximately eight per cent of the global oil output in 2020. Similarly, at least 330 million metric tonnes of oil will be produced in Africa in 2020 (Statista). Global oil and gas players such as ExxonMobil, Shell, Equinor, and BP are pushing the continent forward.

The energy sector in East Africa is rapidly expanding its commercial potential thanks to Tanzania. The EACOP pipeline, upstream offshore gas projects, LNG project discussions, and various renewable …

Tanzania has been ambitious from day one to strike oil. However, it took a while to find oil deposits, and it will take time to commercialize the oil discovered—a tedious but necessary process.

Oil and gas exploration in Tanzania has been taking place since 1952. The Discovery of oil reserves in Tanzania’s Wembere-Eyasi proves the long wait was worth a while.

In the same suit as its neighbouring nation, Tanzania is to undergo a rigorous process to commercialize the oil discovered entirely.

For instance, in Kenya, which discovered oil and experienced the first stages of (testing) exporting at least 200,000 barrels—the nation is working to build the functioning and healthy infrastructure necessary to tap the existing potential.…