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Tanzania/DR Congo: MoU signed for exploration of Lake Tanganyika

Tanzania and Democratic Republic of Congo signed a memorandum of understanding (MoU) on 4 October for joint exploration and development of hydrocarbons in Lake Tanganyika. The MoU was signed by DRC petroleum and gas minister Aimé Ngoy Mukena and Tanzanian energy and minerals minister Sospeter Muhongo at a ceremony at State House in Dar es Salaam attended by President John Magufuli and his DRC counterpart Joseph Kabila. “We have already discovered oil in the western parts of Lake Albert, and there’s a great possibility that there’s also oil in Lake Tanganyika, therefore, joint exploration is the way to go for mutual benefits,” the Citizen newspaper quoted Kabila as saying.

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