GOA, Jan. 29 --  INDIAN Oil Corporation Limited has expressed interest in investing in Tanzanias oil sector, a move expected to support economic growth and improve the supply of energy products in the country.

The company showed interest during a meeting between them and a Tanzanian delegation led by Deputy Minister for Energy Salome Makamba on the sidelines of the India Energy Week 2026 in Goa, India.

Speaking during the meeting, Indian Oils Director for Planning and Business, Suman Kumar, said Tanzania offers strong market potential due to rising demand for petroleum products, liquefied petroleum gas (LPG), and other energy services driven by economic growth, population increase, and rapid urbanization.

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