Extraction economics: How to get the most out of oil, gas reserves

The crude oil storage tanks at Kenya Petroleum Refinery in Changamwe, Mombasa. Such facilities are best situated as close to the port as possible. PHOTO | LABAN WALLOGA | NMG

In this second of a three-part series we continue to explore the quantum of oil and gas in East Africa, extraction economics of those hydrocarbons and marketing and conclude with examining development issues surrounding the discovery, extraction and marketing of crude petroleum and natural gas deposits in East Africa.

Part I of this series sought to put into context the quantity of East Africa’s oil and gas bounty and reveal the ubiquity of the resources to the rest of the globe.