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Africa's Oil and Gas Sector: Implications for U.S. Policy

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Publication Date: July 2007

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Ariel Cohen; Rafal Alasa

Series: Backgrounder

Topic: Energy (Energy policy)

Keywords: Africa; Chad-Cameroon pipeline; West Africa; investment climate

Type: Report

Coverage: Africa United States

Abstract:

Development and transformation of Africa's energy sector presents a unique opportunity for cooperation between African countries and energy consumers, particularly since Africa is geographically closer to the U.S. and safer than the Middle East; but to attract scarce private global capital, the investment climate must be improved, and significant political and economic hurdles must be overcome.