War is not a good thing, but if there are opportunities to be made from the Russia and Ukraine skirmish, maybe it is time African countries also get to reap something from the overseas giants’ fight.
Tanzanian President, Samia Suluhu has pointed out that, just as the country was working to secure new energy markets abroad, the ongoing Russia-Ukraine Crisis could drive European countries to divert their gas imports from Russia to Tanzania.
Speaking to The Africa Report in an exclusive interview, President Samia Suluhu Hassan recently underlined efforts that Tanzania is making to secure new energy markets – and says that tensions provoked by Russian aggression in Ukraine (which has now developed into war) may help to generate European interest in Tanzania’s gas.
“We are looking for markets wherever”, President Samia Suluhu Hassan says. “Whether Africa or Europe or America, we are looking for markets. And fortunately we are working with companies from Europe. Total Energies for example is working in Tanzania.”President Samia Suluhu Hassan – AR
Tanzania’s gas reserves are estimated to be the sixth largest in Africa. With more surveys ongoing.
“We have three major points: Kilwa, Songo Songo and Mnazi in the south of Tanzania, and we have a deposit of about 57 trillion cubic feet”, President Samia told the Africa Report.
“We believe we have other deposits in some other areas of the country,” She stated.
The annexation of two Ukraine provinces by Russia on 21 February has sharpened the question of European energy supplies. Currently Russian gas makes up around 35 Percent of Europe’s gas imports.
US President has riled other European Countries in slamming sanctions onto Russia, which means European Countries are now looking for alternative areas to import their gas supplies from.