Entries by Hussein Boffu

The oil giants are coming to Tanzania

International oil giants are bearing down on East Africa. Off the coast of Tanzania, the discovery of 46.5 trillion cubic feet of natural gas reserves has put the country on the world energy map. The number is expected to rise to 200 trillion cubic feet in the next two years, and eventually transform Tanzania into […]

Efforts to Build Oil,Gas Local Content.

  The  African Capacity Building Foundation(ACBF) has hailed current government efforts to build  a strong local content legal and policy framework to guide the oil and  gas sector. Prof  Emmanuel Nnadozie  the Executive Secretary said the local content policies and legislations would ensure the local populace are active in the oil and gas value chain.

Petroleum Industry's Local Impact

Tanzaniapetroleum’s  core objectives include the acquisition of latest information on  Tanzania’s exploration and production activities,gain exposure to     the latest trends and development in the East African market and  to keep abreast of geopolitical,industrial and technological developments. Articles 10 and 109 of  2010  mining Act Stipulate that exploration firms must make provisions for local ownership in areas where they are active. […]

President Kikwete signs oil, gas bills into law

Dar es Salaam. President Jakaya Kikwete has assented to five bills, including three energy-related legislations that were fiercely opposed in Parliament. The Petroleum Bill, Tanzania Extractive Industry (Transparency and Accountability) Bill and the Oil and Gas Revenue Management Bill, all of 2015, were rejected by the Opposition after the government submitted them for debate under a […]

Gas pipeline to be complete next month

TRANSPORTATION of natural gas from Madimba in Mtwara to Kinyerezi I Power Plant in Dar es Salaam will start early next month after completion of the construction of the 542-kilometre natural gas pipeline project. According to the Minister for Energy and Minerals, Mr George Simbachawene, the transportation of natural gas will save over 1 1.6tri/- […]

Australia resource giants invited to Tanzania

Mr Kikwete on Tuesday met with Prime Minister Tony Abbott in Canberra as part of a four-day visit, just months before he ends his second and final term as leader of the east African nation. “We invite companies to develop the LNG, make use of the natural gas to produce other products,” the president said […]

Will Tanzania Benefit From Natural gas discoveried

ELuck has struck the region of Tanzania. For couple of years now new announcements of natural gas discoveries are  being made. Mtwara, Tanga, Pwani Ruvuma have found natural gas deposits.Exploration is still ongoing So even more discovery could be forthcoming. Luck has definitely struck Tanzania.But the question is how will the people of this country […]