Abstract
Rising oil consumption and high commodity prices are the key drivers in a new scramble for Africa. Take China, self-sufficient in oil as recently as 1993, it became the world's second largest consumer behind the United States in 2003. like Europe and the US, China is looking to Africa for energy security and diversification. Sub-Saharan Africa offers attractive oil prospects: non-Middle East and non-Organization of the Petroleum Exporting Countries - although recently Angola surprised many by joining.
| Original language | English |
|---|---|
| Pages (from-to) | 27 |
| Number of pages | 1 |
| Journal | The World Today |
| Volume | 63 |
| Issue number | 5 |
| Publication status | Published - 1 May 2007 |
| Externally published | Yes |
Bibliographical note
The World Today © 2007 Royal Institute of International AffairsUN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 7 Affordable and Clean Energy
Keywords
- Africa
- Oil and gas
- Angola
- tax havens
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