A Review of the Nigerian Energy Industry

Tanzania: Industry players to flock Dar in search of oil, gas opportunities

Brent crude oil03 March 2014, Dar es Salaam – The massive recent hydrocarbon discoveries and the regions high prospectivity will be amongst the discussions at the 3rd East Africa Oil and Gas Summit in Dar es Salaam this year.

According to a statement by PR WEB, the key figures from East Africa’s booming oil and gas industry will come together for packed days of presentations and discussions towards the end of next month.

The summit will consist of a two day conference and exhibition. This year’s event has to date the most extensive coverage of East Africa with speakers coming from Uganda, Madagascar, Kenya, Tanzania, Mozambique, Somalia, South Sudan, Ethiopia, Burundi, Eritrea and Rwanda.

Keynote speakers include Theodore Silinge from Tanzania’s Ministry of Energy and Minerals, Ken Mugambi from the National Oil Corporation of Kenya and Velonarivo Pascal Clovis General Director of the Ministry of Hydrocarbons in Madagascar.

Madagascar’s recent political developments are expected to be at the centre of discussion. For the past five years Madagascar has been paralysed by a deep political crisis. Thus forcing activities in Madagascar’s oil and gas sector to practically grind to a halt.

This is set to change as Hery Rajaonarimampianina has recently been sworn in as the new president. There is now renewed expectations and hope surrounding opportunities for discoveries in Madagascar, with many believing that parts of Madagascar’s offshore have similar geological formations to the Ruvuma basin which has yielded massive discoveries in Mozambique.

In a recent interview with Oliver Kinross the Minister of Mines for Madagascar Ms. Rajo Daniella Randriafeno said, “that with the new government recently decided upon, for sure we must start actively promoting Madagascar’s offshore potential – starting with the blocks in the Mozambique channel.”

The Minister says that Madagascar will be releasing some 220 blocks. The 3rd East Africa Oil and Gas Summit 2014 will give solutions and servicing companies a chance to meet with local government representatives, it will give oil and gas companies either looking at the region or currently working in the region unprecedented access to key decision and policy makers from the East African countries.


– Tanzania Daily News

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