Stepping on the gas for mutual gain

THROUGHOUT history, access to energy sources has had a direct correlation to economic growth, prosperity and even political power. It may have begun with elements such as wood, charcoal and even animal power but by the beginning of the 20th century, that shifted to oil and gas.

However, just having hydrocarbons within your country’s borders isn’t enough. Creating a legal framework for ownership and incentivising the private sector to extract oil and gas resources is the first step.