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Algeria, Tanzania close to deal on oil, gas exploration

Posted on 08 July 2014

OPEC member and gas exporter Algeria is in advanced talks for a first deal to start oil and gas exploration in Tanzania, boosting its ambitions to expand in east Africa, Algerian and Tanzanian energy ministers said on Monday.
“We want to use the Algeria’s experience to explore for oil and gas in several areas in Tanzania,” Tanzanian Energy Minister Sospeter Muhongo after talks with his Algerian counterpart Youcef Yousfi, according to Algerian state news agency APS……………………………………..Full Article: Source


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