SA To Cash In On Africa Energy Boom

From Business Report

South Africa’s budding energy service industry is aiming to reap the benefits of new natural gas and oil finds along Africa’s east coast, where geographical proximity gives it the edge over other hubs in Europe, Singapore and Dubai.

Located at the foot of Africa along a major shipping route, South Africa is well placed to take advantage of increased exploration by global energy companies in East Africa, where large gas discoveries over the past year have excited global interest.

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© 2013 Energy Tribune

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