Rwanda, hopeful of discovering hydrocarbons reserves to underpin its rapid economic growth, is gearing up to persuade international companies that it can be a serious exploration opportunity by offering a more robust legislative framework and other incentives. An Upstream Petroleum Bill has been tabled in parliament and will be debated soon, based on the Upstream Policy approved by cabinet in July 2013. “As soon as the law is passed we will divide the country into blocks and look for prospective areas to present to companies,” minister of state for mining Evode Imena told the East African Petroleum Conference in Kigali on 4 March.
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