Sputnik: Eritrea on UK Radar for Oil & Gas While Human Rights Abuses Ignored by West
According to a report in Oil Price.com "major discoveries in Uganda and Kenya, high-level production activities in Sudan and even exploration in war-torn Somalia," as well as the North African country of "Eritrea should be on everyone's radar."
In 2009, Eritrean President Isaias Afwerki revealed that there is a "large reserve" of oil in the county — and during the 2014 African Economic Outlook conference, the African Development Bank confirmed a presence of commercially viable reserves of oil and natural gas in Eritrea.
In 2014, a group of British businessmen, led by former UK conservative chairman Michael Howard, traveled to Eritrea to explore any opportunities in the exploration of hydrocarbon and natural gas.
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