Bob Fryklund, chief upstream strategist, IHS Energy, spoke with Platts web editor Elizabeth Bassett about challenges the energy industry will face in East Africa on the fourth day of the 45th Offshore Technology Conference. While countries like Mozambique have massive oil and gas reserves, potential pitfalls include competition, local supply and demand tempered by global economics, and the timing of local government and company goals.
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The 45th Offshore Technology Conference kicked off May 5 at Reliant Park in Houston, Texas. In addition to traditional news coverage, Platts created a Storify feature for each day of the conference to highlight the experience of the conference attendees.