(EnergyAsia, July 10, Tuesday) — Africa holds only 10% of the world’s proven oil reserves and is not likely to replace the Middle East as an oil-producing region.Yet, its oil promise to many countries now scrambling for supplies is significant. The attraction of Africa’s oil is founded on an array of factors that seem to…
AFRICA: Why its small oil base appeals to Asia, the US and other consumer countries
Posted on July 9, 2007 by EnergyAsia