Working paper
A belated boom: Uganda, Kenya, South Sudan, and prospects and risks for oil in East Africa
- Abstract:
- East Africa has followed a long road of highs and lows in developing its oil resources. On the back of high global oil prices between 2004 and 2014, a rush of new exploration put the region on the map as a new frontier for African oil. But it did not take long for the momentum of East Africa’s oil rush to lose steam. Long regulatory delays, security risks, and the fall of global oil prices, all served to deflate expectations for the region’s potential. This paper examines the development, potential, and main risks facing oil industries in Uganda, Kenya, and South Sudan, as well as plans for regional pipelines in East Africa. It finds that beyond the impact of domestic political and security conditions, what defines the emergence of East Africa as a new African energy centre is the growing influence of regional politics.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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Authors
- Publisher:
- Oxford Institute for Energy Studies
- Series:
- OIES paper
- Paper number:
- WPM 71
- Language:
-
English
- Keywords:
- Subjects:
- UUID:
-
uuid:d2ca9636-c706-437d-a8a7-2099baf446ea
- Deposit date:
-
2017-05-04
- ARK identifier:
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- Copyright holder:
- Oxford Institute for Energy Studies
- Copyright date:
- 2017
- Rights statement:
- Copyright © 2017 Oxford Institute for Energy Studies (Registered Charity, No. 286084). This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN 978-1-78467-082-5
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