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Madagascar: The Hottest Energy Play in East Africa

Madagascar: The Hottest Energy Play in East Africa

Madagascar’s been sitting on some 20 billion barrels in oil reserves for quite a while. Investors have only recently shown interest, though. Extraction is technologically challenging, and no one was quite sure about commercial viability. But the wait is over. The oil will begin to flow—soon.

Expect to see a rush on Madagascar, as all eyes are turned on East Africa’s natural…

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