OilPrice.com: What Is Preventing An Algerian Energy Boom?

The African energy narrative can be summarized as follows: an underexplored and underdeveloped region with a bright, if not gassy, future. Put another way, the continent, which is among the world’s last oil and gas frontiers, is poised for extraordinary growth. East Africa is especially promising and nations like Mozambique – whose GDP is nearly two and a half times less than the yearly net income of ExxonMobil – may soon dominate global markets.

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