https://www.sundaymail.co.zw/aussie...r-oil-well-site/amp?__twitter_impression=true
“Successful discovery of oil or gas in Muzarabani will represent a humongous achievement for the southern African country, often plagued by budget deficits and resource constraints to fund development and key infrastructure projects.
If either oil and gas is found in Muzarabani, the Government will get a share of the production, usually 50-70 percent of the output or proceeds thereof, once the investor has recouped their investment.
Apart from exports and the tremendous job creation potential of the project, the Muzarabani oil and gas project would also bring about a cocktail of downstream benefits in the form of new industries, energy security infrastructure development. Oil and gas resources are a principal source of public revenues and national wealth for the governments of net oil-exporting countries.”
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