Tanzania finds first new gas field in more than a decade
Africa, which imports the majority of its fuel, has been trying to improve its enrgy independence after wars in the Middle East and Ukraine drove up energy prices. Tanzania announced its first gas discovery in more than a decade, a finding that comes as African nations race to boost their energy independence. The continent, which imports the majority of the fuels it uses, has been badly exposed by the wars in the Middle East and Ukraine, which have pushed up prices and sown political instability. Several African countries have made moves to become more energy self-sufficient, including unveiling refineries, pipelines, and new oil and gas exploration projects, reversing years-long policies. “The longstanding debate over whether African nations should view gas as a ‘transition fuel’ in the shift to renewable energy has gone quiet, ” Semafor’s Africa managing editor wrote.
Africa, which imports the majority of its fuel, has been trying to improve its enrgy independence after wars in the Middle East and Ukraine drove up energy prices. Tanzania announced its first gas discovery in more than a decade, a finding that comes as African nations race to boost their energy independence. The continent, which imports the majority of the fuels it uses, has been badly exposed by the wars in the Middle East and Ukraine, which have pushed up prices and sown political instability.
Several African countries have made moves to become more energy self-sufficient, including unveiling refineries, pipelines, and new oil and gas exploration projects, reversing years-long policies. “The longstanding debate over whether African nations should view gas as a ‘transition fuel’ in the shift to renewable energy has gone quiet, ” Semafor’s Africa managing editor wrote.