In 1969, God sent his angel to convey a special message to the people of Tanzania.
Think what? That message was simple: The foundation of Tanzania Petroleum development corporation(TPDC) and its partners include AGIP, Shell
In 1974 Azienda Generale Italiana Petroli – General Italian Oil Company(AGIP) broke the news of natural gas discovery in the songo Songo field .
But it was not yet until 30 years when the little gas production began at songo songs field in Lindi region
Since then, Tanzanians were waiting for the sweetie to drip onto their tongues.
Yet, the key inquiry are how do Tanzanians get arranged for forthcoming huge gas production which is relied upon to start no less than 2025 so as to benefit from their newly discovered resources?
What’s more, how do Tanzanians get prepared to use boundless opportunities when the LNG ventures finish and begin sending out liquefied natural gas to the Asian market
The issue we Tanzanians (include me) we are generally overlook the long term investment since we are willing for quick results
Utilizing Opportunities in Oil and Gas Sector
Tanzanian oil and gas industry have an expansive scope of opportunities to its Citizens, Not to talk when the time of producing gas begin where a lot of investors would be swarming to our country
The new petroleum act of 2015 requires all investors to use locally produced products and as happens in these products do not exist then enter a joint venture with local companies in order to provide the required services.
The law states that the joint venture should give seed is not limiting participation 25%. This is an opportunity for Tanzanian and should be utilized
If we want to be part of the natural gas boom, we should start by utilizing the opportunities accessible in the sector. Up to the time production begins we could be in the great position
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