Many of these countries earn incredible sums of revenue from hydrocarbons, agricultural and mining sectors invested in infrastructure. The companys opening up oil and gas potential are predominantly small to midsize independent firms with limited capital, security expiration conducted geophysical work and market to larger multinational firms to secure funding and minimize risk when it comes to drilling. To resolve those major discoveries over the past two decades and the opening in the past ten years Significant Oil and gas discoveries have been discovered in countries like ghana, kenya, mozambique, tanzania, uganda and others. Improved Technology Enabled these discoveries. With africas developments offshore rivaling that in the gulf of mexico and natural gas was not long ago considered a nuisance by product in Subsaharan Africa the resources utilized operations such as Power Generation and transported pipeline and also gas applications. It was discovered in subsaharan accountant is re
Noon the things you say is the last thing you want to happen is developing these markets that get burned with bad products, just forget it, never mind. Is there any all three of view, i will let my last question alluded to earlier, ranking the most favorable countries, i have to believe you have done a lot of thought on this, just at a glance there is going to be a lot of factors that are going to influence candidate population, topography, gas, oil pipeline availability. Education resources, do you have network that you can train out to do this . Of course i mentioned earlier property owners, ownership, is the system in place to take over to condemn property, right away, the timing, is it right for the company but stability, is a stable system of government, those of the seven things i came up with. Do you rank countries that might be the best benefits in the infrastructure. Thank you for your question. Sounds like you were at some of these meetings where these things were discussed b
Like you were at some of these meetings where some of these things were discussed no, the nsa was there, i just got the tapes. Im sorry. So we dont have a public listing, per se, but in the first phase of power africa, we did very carefully, through a rigorous interagency process, discuss which would be the six focus countries. And the factors that you describe are, indeed, many of the things that we looked at, to try to assess who would be the good partners. And we will go through a similar process as we think about the expansion. One of the ones that i theres plenty to say about all of them, but one of the ones that ill just spend a moment on is the host countrys commitment. Because as some of the other testimony alluded to, if youre trying to have viable electric utilities, if youre trying to solve some of the problems that are private sector, investors have encountered, in trying to do viable deals, youve got to have a commitment to do things differently. So that was a very one of
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