BabuK
JF-Expert Member
- Jul 30, 2008
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Foreign Minister Bernard Membe has said Tanzania should adopt gas exploration and extraction technology being applied in Angola, a leader in Africa in the emerging sub-sector.
Addressing members of the diplomatic corps at a function to mark 37 years of Angolas independence at the Angolan embassy, Membe said Angola had registered tremendous economic advancements since independence, and gas extraction practices were worth emulating.
Angolas economic success results from cooperation amongst its citizens since ending the civil war starting after achieving independence in 1975.
Angola is one of the worlds major centres for oil and gas exploration and the nation's wealth of hydrocarbon resources attracts investment in both the industry and the wider community, he said. Apart from natural gas it ranks third in oil production in Africa after Libya and Nigeria. In January 2007, Angola became the 12th member of the Organization of Petroleum Exporting Countries (OPEC) and a significant supplier to China and the United States.
Describing infrastructure advancements noticed across the country, the minister said that Angola was readying to introduce a bullet train service across southern African countries from Lobito to Luanda. Other services are planned with neighboring countries like Namibia, Zambia and the Congo.
Other developments include housing, where it seeks to transform the lives of rural people to develop social and economic fabric of modernisation. Tanzania must adopt its way of economy, the minister urged.
Natural gas reserves in Angola are estimated above the 11 trillion cubic feet, despite that investment in exploration is still in the middle stages.
Mr Membe told the audience that he would advise Energy and Minerals colleague Prof. Sospeter Muhongo to visit Angola for experience and inspection of skills and technology used for gas extraction and exchange ideas with Angolan officials.
Angolan Ambassador Prof. Ambrosio Lukoki said that Tanzania could procure its oil imports from Angola at advantageous conditions as well as pick a leaf from its experience in the oil and gas industries.
SOURCE: GUARDIAN ON SUNDAY
Addressing members of the diplomatic corps at a function to mark 37 years of Angolas independence at the Angolan embassy, Membe said Angola had registered tremendous economic advancements since independence, and gas extraction practices were worth emulating.
Angolas economic success results from cooperation amongst its citizens since ending the civil war starting after achieving independence in 1975.
Angola is one of the worlds major centres for oil and gas exploration and the nation's wealth of hydrocarbon resources attracts investment in both the industry and the wider community, he said. Apart from natural gas it ranks third in oil production in Africa after Libya and Nigeria. In January 2007, Angola became the 12th member of the Organization of Petroleum Exporting Countries (OPEC) and a significant supplier to China and the United States.
Describing infrastructure advancements noticed across the country, the minister said that Angola was readying to introduce a bullet train service across southern African countries from Lobito to Luanda. Other services are planned with neighboring countries like Namibia, Zambia and the Congo.
Other developments include housing, where it seeks to transform the lives of rural people to develop social and economic fabric of modernisation. Tanzania must adopt its way of economy, the minister urged.
Natural gas reserves in Angola are estimated above the 11 trillion cubic feet, despite that investment in exploration is still in the middle stages.
Mr Membe told the audience that he would advise Energy and Minerals colleague Prof. Sospeter Muhongo to visit Angola for experience and inspection of skills and technology used for gas extraction and exchange ideas with Angolan officials.
Angolan Ambassador Prof. Ambrosio Lukoki said that Tanzania could procure its oil imports from Angola at advantageous conditions as well as pick a leaf from its experience in the oil and gas industries.
SOURCE: GUARDIAN ON SUNDAY
