DIPLOMATIC STANDOFF BETWEEN MALAWI AND TANZANIA COULD SLOW OIL EXPLORATION
February 1st, 2014
PLANS to exploit Malawi’s oil and gas potential are continuing apace despite a border dispute with neighbouring Tanzania that affects some of the exploration sites.Geological investigations have indicated that conditions are favourable for oil and gas to exist beneath Lake Malawi and the Lower Shire Valley in southern Malawi, both part of the East African Rift System.The Malawian government has brought in international exploration companies, although the stand-off with Tanzania, which calls the body of water Lake Nyasa, is far from resolved. Malawi claims ...
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