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3 firms join search for oil, gas

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by Kinyungu, Jan 25, 2012.

  1. Kinyungu

    Kinyungu JF-Expert Member

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    The government has signed multi-billion shillings production sharing agreements (PSA) with Brazil's Petrobras, Heritage of Britain and India's Motherlands Industries for oil and natural gas exploration in various parts of the country.

    The Heritage Managing Director, Mr Julian Hewood, expressed optimism for Tanzania to eventually strike oil in Rukwa and Lake Nyasa basin, saying the areas have geological similarities with Uganda'sLake Albert basin."We expect to spend about 15 million US dollars (about 25bn/-) on exploration annually, but we plan to spend more than 10 billion US dollars (about 15tril/-) on oil production if discovered," he said.

    The company succeeded to discover oil in the Lake Albert rift basin in Uganda. Officials from Tullow Oil, a sister company Heritage had early this month told local media that the oil reserves discovered so far on the Ugandan side of the Lake Albert rift basin were estimated at 1 billion barrels.Mr Samuel Miranda of Petrobras and Virendag Kumar Sood of Motherland said they would spend about 500 million US dollars each for five years on exploration and commended various government institutions for giving maximum co-operation.

    The representatives of the firms expressed commitment in undertaking environmental friendly exploration in line with the country's law and regulations. The three multi-billion-shilling deals makes the number of licensed companies that have shown interest to undertake gas and oil exploration in the country reach 28.The Minister for Energy and Minerals, Mr William Ngeleja, said at the signing ceremony at his office inDar es Salaam, that Petrobras will go for hydrocarbons exploration in Block 8 deep offshore.

    He said Heritage will undertake the exploration in Kyela Basin in Mbeya Region and northern and onshore portion of Lake Nyasa in Rukwa Region, while Motherlands will explore in Malagarasi River Basin in Kigoma Region.The minister urged the firms to hire local people and ensure that their activities were not harmful to the environment. "I would like to stress the importance of local contents in the oil exploration and production as stated in the agreements which implies use of Tanzanian goods and services as well as human resources," he noted.

    He said the doors were wide open for other investors to come to Tanzania, particularly in the energy sector. "I wish to invite more local and foreign companies to invest more in exploration for oil and natural gas and establish service companies," he stressed. The signing ceremony was also witnessed by the Brazilian Ambassador, Mr Francisco Carlos Soares Luz.


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    Waziri Ngeleja akibadilishana hati za mkataba na Watafuta Mafuta na gesi mjini Dar es Salaam hapo jana tarehe 24/01/2012

    By PIUS RUGONZIBWA, Tanzania Daily News

    Kaeni mkao wa kuliwa maana kilichopo kwenye hiyo mikataba ni sirikali ya Ngeleja na Watafuta Mafuta....jamaa zangu wa Zanzibar mpoo?!
     
  2. FaizaFoxy

    FaizaFoxy JF-Expert Member

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    Tunaweza kuwa kupata mafuta mambo yakawa kama Nigeria tu.

    Miafrika Ndivyo Tulivyo - Nyani Ngabu
     
  3. Kinyungu

    Kinyungu JF-Expert Member

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    Hapa Jusa lazima adai Zanzibar hawakualikwa..
     
  4. Kinyungu

    Kinyungu JF-Expert Member

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    Hicho wala siyo cha kuuliza...hiyo gas ambayo tunayo imetuletea tofauti gani? Je dhahabu? Tanzanite? Diamond? Kuna mwananchi yoyote wa kawaida ambaye anapata ahueni kwa uwepo wa madini hayo?
     
  5. n

    namimih Member

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    Faiza Foxy ni muda mrefu sana huwa nakusoma na naona jinsi unavyochachafyana na wadau humu ndani, lakini kwa hii ya leo "SALUTI ZOTE KWAKO" upo makini dada.
     
  6. MANI

    MANI Platinum Member

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    Naomba mungu wasiyaone mpaka viongozi makini wapatikane!
     
  7. s

    sanjo JF-Expert Member

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    Afadhali hata Nigeria kuna ruzuki wamekataa kutolewa na Serikali. Hapa hata hiyo ruzuku usahau utalipa kana kwamba nchi haina mafuta. Subiri itaona.
     
  8. Kinyungu

    Kinyungu JF-Expert Member

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    Wakati huu ni wakati wao wa kula fungate kwa hiyo wanapambana kufa na kupona wapate mafuta ili waendelee ku-party!
     
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