Overview
Orca Exploration Group Inc. (formerly East Coast Energy Corporation) is the first, and currently the only, developer of gas markets in East Africa.
Kenya and Tanzania are currently reliant on the importation of oil for many of their industries and for much of their thermal generation. Both countries have significant hydro generation that is dependent on the annual rainfalls. In recent years, lower than average rainfalls have seen these countries having to rebalance their generation mix.
In the near term, the Company is focusing its marketing activities on the power and industrial sectors in the Dar es Salaam area. In the longer term, Orca Exploration has identified high potential natural gas marketing opportunities within other commercial centres in Tanzania and in neighbouring Kenya. These may be pursued if sufficient Additional Gas reserves are proved up.
The installation of additional thermal power generating capacity is a priority in Tanzania and could provide the opportunity for Tanzania to become the thermal hub for East Africa if additional reservoirs are discovered.