Le pétrole Zambien se fera avec ZCCM-IH
By JERRY MUNTHALI
GOVERNMENT says the increased level of interest in Zambia by reputable international oil exploration companies is an indication that the country has great potential for oil and gas.
And Government has assured sitting tenants of former ZCCM-IH houses that the process of issuing offer letters will continue and individuals facing any challenges should dialogue with ZCCM-IH.
In an interview in Kitwe on September 9, Ministry of Mines and Minerals Development permanent secretary Godwin Beene said Government is encouraged by the heightened level of interest from reputable international oil exploration companies to explore for oil and gas in Zambia.
“We are encouraged by the interest of international exploration companies to explore for oil and gas in Zambia. Some of these are exploration companies of international repute who have discovered oil and gas elsewhere,” Dr Beene said.
Some of the companies include Petrodel and Sure stream Petroleum of the United Kingdom, Swala Energy Exploration of Zambia and Terralin and Troisade Energy.
Dr Beene said the interest in oil exploration is an indication that the country has great potential for oil and gas.
He said at its last meeting, the Committee of Ministers on Petroleum recommended the issuance of exploration licences to some companies.
Dr Beene said the process will continue after the tripartite elections when Cabinet is reconstituted.
And Government has assured sitting tenants of former ZCCM-IH houses that the process of issuing offer letters is on course and anyone facing hiccups in the process should dialogue with ZCCM-IH.
“There should be no problem, the process will continue and if there are individuals who still have problems getting offer letters, they should talk to ZCCM-IH,” Dr Beene said.
Early this year, President Banda directed that sitting tenants in ZCCM-IH houses be given offer letters to purchase the units at fair and reasonable prices.
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