ARUSHA, Oct. 11 -- A research under the strategic Eyasi Wembere project, aimed at exploring oil and gas in the East African Rift Valley, has revealed promising potential for oil discoveries in the area.

Deputy Permanent Secretary of the Ministry of Energy, Dr James Mataragio, highlighted these findings during a visit to the project site in Karatu District, Arusha Region.

“The research started in 2015. Since then, we have collected extensive data on oil and gas presence. Analysis has identified rock formations capable of storing oil, confirming that this basin has commercial potential,” Dr Mataragio said.

He explained that initial aerial surveys and shallow drilling cost about 8bn/-, while the first phase of seismic surveys ...