Zambia will decide
on oil and gas exploration licences for about 14 blocks in the next two
months, as petroleum prospecting interest in the copper miner increases,
a senior government official said on Wednesday.
Zambia last year
started issuing oil and gas exploration licences to local and foreign
companies in a bid to become an energy producer, after it passed a law
on new licencing fees.
Kennedy Liyungu,
director of Zambia’s geological survey department, said the government
had received applications for about 14 open blocks, but it did not
necessarily mean they would all be awarded.
