The Vice President of Tanzania, Mr. Aboud Jumbe, who's in India for talks with Government?
The Vice President of Tanzania, Mr. Aboud Jumbe, who's in India for talks with Government leaders, spent Saturday (8 April) visiting one of Indians oil drilling rigs off the shore from Bombay.
SYNOPSIS: The rig was the Sagar Samrat in the Bombay High Field. At present, Bombay High's production is 80 thousand barrels of oil a day. The natural gas associated with the oil production is being burnt at present, but plans are in hand to use it to produce fertiliser.
For Vice President Jumbe (centre), it was his third trip to India in three years. On his arrival, he told newsmen he hoped his talks with Indian leaders would be fruitful and mark another milestone in cooperation among Third World nations.
Tanzania depends heavily on imports-oil among them-and Foreign aid. Foreign grants and confessional loans provide almost 60 percent of Tanzania's Development Budget. India is drilling more wells in the Bombay High field, which it hopes will be providing ten million tonnes of crude oil a year.
At present prices, this will save the country more than four million dollars U.S. a day. While in India for his week-long visit, Vice President Jumbe had talks with the Indian Prime Minister, Mr. Morarji Desai and the Indian President, Mr. Neelam Reddy, as well as other officials. Oil imported into Tanzania from India could well have been one of the subjects discussed.