Aziza Project LLC to Develop $100 Million Interest in Namibian Claims as Oil Majors Dash into Southern Africa
Hydrocarbon exploration activity by majors intensifies in Southern Africa Aziza Project holds $100 million interest in Namibia Plans to offer crypto tokens – Aziza Coins – to raise $60 million Oil majors are still a-goggle at the huge gas reserves discovered in Mozambique and Tanzania over the past decade. The 160 trillion cubic feet (TCF) of recoverable gas in the Rovuma Offshore Basin of Mozambique is on par with Nigeria’s 180 TCF and Algeria’s 160 TCF. The 57 TCF reserve in Tanzania’s Mafia Deep Basin, though not quite as big, is substantial enough to merit investment. As a result, Africa…
