Madagascar: Heavy Oil Promises a Bright Future for this Island Country
~July 17 2010
Pretty soon, the world’s fourth-largest island off the southeastern coast of Africa will be known more for heavy oil than it is known for the ring-tailed lemur. Experts estimate that out of the 600,000 square miles that make up Madagascar, half of the island is covered by the heavy oil-rich sedimentary basins of Morondava, Majunga and Ambilobe.