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Negotiations are underway between officials from the governments of Tanzania and the Democratic Republic of Congo (DRC), aiming at coming up with a mutual agreement and collaboration to explore for oil and gas, in lake Tanganyika. The DRC oil minister, Mr Aime Mgoi Mukena Lusaduese, is already in Tanga since yesterday to hold talks with Tanzanian senior government officials from the responsible ministry in order to reach a mutual agreement on the mater. In yesterday's schedule, the Congolese minister visited a private oil depot at Raskazoni and thereafter, at Chongoleani area, where a crude oil terminal from Uganda will be situated.

He also invited business people from Tanzania to go to his country to invest in the oil sector, because there is still room for such investment taking into account that his country has very few business people in the sector. Briefing journalists moments before engaging in the talks, Tanzanian Energy and Minerals minister Prof Sospeter Muhongo said the visit of the Congolese minister and his delegation had two major aims. One included the talks that would enable the two countries to explore for oil and gas in Lake Tanganyika.

He said another thing was that DRC had already discovered oil in other parts of the country , thus it was in a proposal to use Tanga port through the East African Community Crude Oil Pipeline to reach the world market.

Prof Muhongo further said that initially, DRC would export about 30,000 barrels of oil per day, thus including the 200,000 crude oil barrels from Uganda, then the Tanga port would be busy by receiving 230,000 barrels per day. Tanga Regional Commissioner (RC), Martin Shigela, said that residents were ready to receive the project which woud stimulate the economic development of the region and the country at large.

Source: All Africa