Eritrea+Natural+Gas

=Chinese Investors Unlikely To Invest In Eritrea's Natural Gas In The Next Five Years=

Executive Summary:
Eritrea's lack of known sources of natural gas in the nation largely contribute to the little interest Chinese natural gas investors will show in the next five years. Defba Oil Share company in a joint venture between a Chinese group and the Eritrean government explored for natural gas reserves off the coast of Massawa in the Northern Eritrea in 2008, but since then there no other occurrences in the exploration of oil continued, mostly because of the lack of stability and infrastructure in the country.While an Energy Intelligence unit in March 2013 claimed Eritrea is sitting on a massive oil and gas reserve, larger than any other in the Horn of Africa, unless reserves are discovered Chinese investors will continue to look elsewhere to find the resources it needs.