Tanzania, Congo to hold joint search for oil and gas in Lake Tanganyika
Tuesday October 4 2016
Congolese President Joseph Kabila (left) with Tanzania's President John Magufuli in Dar es Salaam. PHOTO | THE CITIZEN
The discovery of oil in Lake Albert, which is located in the Great Rift Valley as Lake Tanganyika, and Beach Petroleum’s announcement in 2012 that initial seismic surveys had indicated the potential of 200 million barrels of oil, raised hopes that massive oil deposits could be discovered in the area.