Zanzibar has signed a Production Sharing Agreement with a United Arab Emirates company for the exploration of natural gas.
The deal was signed by the Zanzibar’s Minister for Land, Water, Environment and Settlements Salama Aboud Talib, director general of the Zanzibar Petroleum Development Corporation (ZPDC) Mwanamkaa Abdulrahman Mohamed and chief executive of RAK Gas LLC Kamal Mohamed Ataya at the State House in Zanzibar.
Also present at the signing ceremony were Zanzibar President Dr Ali Mohamed Shein and the ruler of Ras Al Khaimah Sheikh Saud bin Saqr Al Qasim. The targeted Zanzibar block has undergone several field activities including pre-drilling aerial exploration over and deployment of offshore infrastructure for drilling of test wells.
Former holders of exploration rights for the Zanzibar block — Antrim Energy of Canada — describes project owners RAK Gas LLC as “the state natural gas utility of the Emirate of Ras al Khaimah in the United Arab Emirates which has interests in two offshore blocks in Ras al Khaimah as well as holding interests in exploration blocks in East Africa and Egypt, including the East Pande block in Tanzania.”
Source: The East African