The Government of Tanzania will be auctioning 26 petroleum exploration blocks through the Petroleum Upstream Regulatory Authority (PURA) to attract investment flow in the country's oil and gas industry, said the director general of PURA, Charles Sangweni, at the 11th East African Petroleum Conference and Exhibition (EAPCE’25) held recently in Dar es Salaam
Sangweni said that, of the 26 blocks, 23 are in the deep offshore of the Indian Ocean and three are in Lake Tanganyika.
“The demarcated blocks are located in strategic areas since the deep offshore is where a significant amount of natural gas was discovered and the case of Lake Tanganyika, the Lake is located in the East African Rift System (EARS) where neighboring countries (Kenya and Uganda) discovered oil in basins located in similar geological setting,” said Sangweni.
PURA used the EAPCE’25 as a platform to continue promoting the upcoming licensing round and investment in petroleum exploration blocks in the country for that is one of its responsibilities.
Tanzania's PURA to auction multiple exploration blocks
26 blocks will be auctioned. (Image source: Adobe Stock)
