WATCH: Oil explorations & projects in Tanzania

[Mpeni sifa Yesu]

jamani, tutadanganyana hadi lini, mbona tunaambiwa mafuta yapo mkuranga lakini hadi leo hamna kitu?

 

[Maundumula]

Our total natural gas potential is around 150tr cf.

Ophir alone in blocks 1,3,4 and 5 has a potential of up to 70tr cf. Offshore is mostly gas and Lake Tanganyika North and South is potentially Oil.

Dominion use the information to bring up their share prices as this information isn't new, I once tweeted their ECR report. They haven't done much since 2010.

We will have Oil from Lake Tanganyika and Malagarasi basin in the near future, may be in ten years.

Natural gas we will have an LNG plant within three years by BG in Mtwara. Year one production will be 40% of current GDP. Plus Mchuchuma-Liganga project, by 2015 Tanzania will be the largest economy in EAC.

Are we going to prevent oil curse? Sijui. We have to strengthen accountability mechanisms hasa Bunge.

Tumefika wapi mheshimiwa any update?