ED worry over 'gratuitous negativity' around oil find

HARARE - President Emmerson Mnangagwa has blasted the “gratuitous negativity” which followed his announcement that Australia’s Invictus Energy had found oil and gas deposits in the northern Muzarabani area of the country.

But in a statement to the Australian Stock Exchange, Invictus poured cold water on claims of an oil bonanza saying “an oil or gas discovery has not been made” but said there were indications of a “working petroleum system” which could only be confirmed by a planned exploration well.

Claiming that preliminary indications strongly pointed to a “good find” Mnangagwa said “elsewhere, indications half as bright as ours here would have been met with spontaneous outbursts of sustained national euphoria.”

“Not here where they are met with cynicism and derisive disbelief,” Mnangagwa said in his weekly column in the state media yesterday.

“We witnessed a determined effort to rubbish the findings; not on any given scientific grounds, but merely from visceral scepticism and an inexplicable propensity for

Mnangagwa added: “It is as if negativity and cynicism have become a new science and a powerful reflex in our country.” – Staff Writer

Comments (10)

What ED should understand, from before, then and now, that nearly all, if not all, of what politicians say to their constituents is lies. Indeed, even the Aussies say that he got it wrong - there is no oil.

Is that so? - 19 November 2018

You remember diesel in Chinhoyi? That's why people are sceptical. Plus Zanu PF is a party of national looters.

captcha - 19 November 2018

The ED new dispensation would have been a damp squid where it not for its callous ruinous economic policies...I guess people are still smarting from the Chinhoyi diesel find and the mysterious disappearance of the Chiadzwa loot. I hope one day your economic skills will outrank your rigging capacity.

New Dispensation - 19 November 2018

There was no oil in Chinhoyi so there will be no oil anywhere. What a logic?????????

Senior - 20 November 2018

Hallo Mr President, trust is earned not demanded.

Sinyo - 20 November 2018

Euphoria is now the preserve of your rural supporters who need freebies. Those who sweat for a living have absolutely nothing to be excited about, especially projects whose results are yet to be seen. Most urbanites have listened to your party's empty promises for close to 4 decades and basically need a new different government. The skepticism is directly proportional to Zanu PF's failure and national fatigue. Welcome to reality - your matrix has fooled you for too long.

Sagitarr - 20 November 2018

we will be jubilant when exploration is done and oil gushed out of the well not some cynical rock. we will be jubilant when the oil that comes out benefits the ordinary zimbabwean.

fty - 20 November 2018

It is not surprising to find some sections of our community denying the finding of gas and oil deposits in the country. some opposition elements are known for rubbishing every govt policy or pronouncement nomatter how noble it is. Thats who they are, so some of the comments on this story do not come as a surprise

Lorraine Mukute - 20 November 2018

The general populous in Zim is so weary of all the lies that we have been fed over the decades. Cast your minds back to the discovery of diamonds in Marange and remember who were the chosen few to benefit at the exclusion of the country.no doubt it will be the few who get richer if indeed there is oil in the valley.

David - 20 November 2018

nomatter how had it might be it is the chance for you Mr president to show Zimbabweans that change is not a one day thing we embrace it as Zimbabweans ,the president is challenged to make efforts for economic refurbishment ,and he is challenge to prove the negative ideologies wrong ,by ensuring that there is transparency and burcracy for the country to be productive

vuyisile moyo - 20 November 2018

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