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  • Does Zambia have a potential for oil and gas commercialization?
  • Zambia’s historical journey in oil and gas exploration underscores the country’s potential in oil and gas commercialization. Exploration dates back to the 1970s, yet hydrocarbon discoveries were elusive until the early 2000s.
  • How did Oranto Petroleum enter Zambia's oil and gas sector?
  • In July 2018, Oranto Petroleum entered Zambia’s oil and gas sector by farming into two onshore exploration blocks – Blocks 17 and 27. Oranto Petroleum secured a 90% stake in the blocks, with the remaining 10% held by Zambia Consolidated Copper Mines Investment Holdings on behalf of the Zambian Government.
  • Does Zambia have hydrocarbon potential?
  • Zambia’s geological context within the East African Rift system further supports the presence of sedimentary basins with hydrocarbon potential, akin to its neighbors. Meanwhile, in Zimbabwe, Invictus Energy ’s gas discovery in the Mukuyu-2 sidetrack well within the Cabora Bassa basin signifies exploration prospects for Zambia.
  • How many oil & gas blocks are there in Zambia?
  • Over the years, Zambia has conducted three licensing rounds to attract private investment, with twelve out of fifty-six blocks under license, six actively explored. In July 2018, Oranto Petroleum entered Zambia’s oil and gas sector by farming into two onshore exploration blocks – Blocks 17 and 27.
  • When did Zambezi & Chavuma find oil and gas?
  • In 2006, the country announced its first oil and gas discoveries in the northwestern provinces of Zambezi and Chavuma, prompting the formation of a special cabinet committee to facilitate exploration.
  • Does Zambia produce oil?
  • Zambia does not currently produce oil; however, the government stated that soil samples sent to European laboratories have revealed promising indications of crude oil, showcasing lucrative opportunities for frontier E&P companies.