The Tanzanian government, through the Petroleum Upstream Regulatory Authority (PURA), has announced plans to auction 26 petroleum exploration blocks to attract investments in the country’s oil and gas sector. The announcement was made by Charles Sangweni, Director-General of PURA, during the 11th East African Petroleum Conference and Exhibition (EAPCE’25) in Dar es Salaam.
According to Sangweni, 23 of the blocks are located in deep offshore areas of the Indian Ocean, while three are situated in Lake Tanganyika. He emphasized that these locations are of strategic importance due to past discoveries of significant natural gas reserves offshore and oil in similar geological settings within neighboring countries such as Kenya and Uganda.
PURA is leveraging the EAPCE’25 platform to promote the licensing round, encouraging investment in petroleum exploration within Tanzania. The initiative aligns with the country’s broader strategy to enhance its energy sector and attract global oil and gas investors.
Source: Oil Review Africa
