It’s worth to note that all the countries hit by Ebola are oil and gas rich. The region of West Africa accounts for a third of the world’s new oil discoveries, especially in the Nigeria’s Niger Delta basin and the Gulf of Guinea. According to the US Geological Survey, the West African Coastal Province has an estimated 3 200 million barrels of oil. Oil exploration off the coast of West Africa has surged since 2007. New finds have been made in Liberia and Sierra Leone, while Mauritania’s discoveries over the last decade remain to be replicated. Niger has now become a producer and Mali awaits discovery of commercial hydrocarbons. There has also been a burst of exploration activity in the neighbouring countries of Sierra Leone, Liberia and Gabon with the hope of finding Jubilee-type giants in the Cretaceous fan formations and pre-salt structures.
Posted on: Sat, 27 Sep 2014 13:11:53 +0000
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