Guebuza: No conflict over Ruvuma basin gas, petrol

nngu007

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Aug 2, 2010
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Published On: Wed, Dec 14th, 2011Published On: Wed,

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Mozambican President Armando Guebuza

Mozambican President Armando Guebuza has said that there will be no conflict between his country and
Tanzania because of the discoveries of gas and petrol in the Ruvuma river basin as each country knows its frontiers in the area.


Quoted by state television on Monday, Guebuza said: "We know where our borders are, and they (Tanzanians) also know very well their frontiers. So, there will be no conflict at all."


A week ago, Mozambique,
Tanzania and Comoros signed an agreement in Maputo, on the delimitation of their borders at a time when Mozambique announced the discoveries of gas and petrol in the Ruvuma basin.


But all the three governments denied that the accord has something to do with the discoveries, explaining that the border agreement had been negotiated before that.


Mozambican foreign minister said at the signing ceremony that his government has been negotiating with Malawi, Zambia and Zimbabwe on the border delimitations.

Meanwhile, the government of Mozambique is investing USD11m in the mining sector in the northwestern province of Tete.

State radio reported Tuesday that the money is going to the coal mining in Moatize and Benga, in Moatize district, and to Cahora Bassa district in Tete.

Radio Mozambique quoted an official from the mining ministry as saying that the cash is for prospection in the first phase of the project, which started at the middle of this year, to continue next year.

The mining sector in the northwestern province also involves foreign mining companies, such as the Brazilian Vale and the Australian Riversdale. The two giant mining firms operate in Moatize, rich in coal, according to Radio Mozambique.


The first consignment of the coal was exported to Asia, by the Brazilian company, and the second is to be exported to the same continent next month, according to Vale.


An Indian mining company is also involved in the coal exploration in the Cahora Basa district in Tete.

Source The Guardian

 
Naona mkwala wa kwata ya miaka 50 ya uhuru umewaingia..... just kiddin'.
 
Guebuza is a good president; does not worry to share the GAS and OIL weath not the same as Zanzibaris and Kenyans

We will successee weith our own given treasures.... LONG LIVE TANZANIA!!!
 
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