Oil refinery worthwhile investment in Tanzanian Oil and gas industry

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Considering an investment in Tanzanian oil and gas industry?

What if I told you oil refinery is the best deal in Tanzania oil and gas industry

Don’t believe me?

          Don’t worry you will admit it

Why is an oil refinery profitable business in Tanzanian oil and gas Sector? Here are answers.

Uganda has discovered 6.5 billions barrel of oil in the Albertine basin.

Kenya reported has 6 millions barrel of oil in the south Lockichar.

And the current exploration of crude oil done by Topic in the Lake Tanganyika will and hope their effort will bear fruit

The best part !

On October 2015, Tanzania government signed oil pipeline Memorandum of Understanding with Uganda  that will create a development of crude oil export from Hoima Uganda to Tanga port in Tanzania.

And all of these make oil refinery business to be in dire demand in Tanzanian oil and gas industry

Guess what happen if you put money in an oil refinery? You will refine oil in Tanzania, and sell to hundreds of dealers and export to other African countries and earn mediocre return

This is the new opportunities for a smart entrepreneur like you. Why? it’s pretty simple because there dire demand of oil refinery

Ever wondered how much it really costs and how long it takes to build one oil refinery? Get ready for shock

It cost 5-15 billions dollars to build one and it takes 2 to 3 years to complete.

As you can see oil refinery business is not for people who wants instant results, it requires huge financial muscles patience as well as technology

Sound impossible? Right?
To build the oil refinery in Tanzania, it’s not that tough as people think about.

But I wonder why Tanzanian billionaires can not do this to save Tanzanian and east African oil and gas industry,

Reginald Mengi and co where are you?

 Where are you Rostam Aziz and Bakhresa?

Many Tanzanian refuse to invest in Oil and gas industry claiming a shortage of capital and limited expertise.

However, we can join forces and build oil refinery in the country instead of waiting for investors to build for us

The habit of enticing foreign investors to do everything for us it ruins our capacity to build oil and gas local content.

Also  Read

Ultimate Guide To Participate In Tanzanian Oil and Gas Industry

As hydropower dries up, Tanzania moves towards fossil fuels

Workers are transferred via a 'Frog' basket from the tugboat Bourbon Auroch, operated by Bourbon SA, onto the deck of the Agbami floating production, storage and offloading vessel (FPSO), operated by Chevron Corp., in the Agbami deepwater oilfield in the Niger Delta, Nigeria, on Monday, Nov. 16, 2015. Nigeria plans to review agreements for deep offshore oil production to seek more favorable terms in line with the latest industry standards, state-owned Nigerian National Petroleum Corp. said. Photographer: George Osodi/Bloomberg via Getty Images

 As drought continues to cripple its hydropower plants, Tanzania is struggling to produce enough electricity — and is moving towards using more fossil fuels to make up the shortfall.

Hydropower plants normally produce about 35% of Tanzania’s electricity needs, with gas and oil plants making up most of the difference.

But as demand grows and water shortages hit hydropower production, Tanesco — the state-run power utility firm — is investing in more fossil fuel plants to maintain its electricity supply.

In October the east African nation was forced to shut down its main hydropower facility for nearly a month because the water level was too low to run the turbines, officials said.

In December, the country’s hydropower plants, which can produce as much as 561 megawatts of power, generated only 110MW, according to Tanesco.

“The main challenge we have been facing is overreliance on hydropower as the major source of electricity, which is hard to maintain due to unpredictable weather,” said Tanesco’s managing director Felchesmi Mramba in an interview.

Solar and wind untapped

While Tanzania has significant untapped renewable energy potential from sources such as geothermal, solar and wind, the government has mostly failed to tap this potential as an alternative to hydropower, said University of Dar es Salaam Institute of Resource Assessment climate change expert Agnes Mwakaje.

However, Tanzania’s minister for energy and minerals Sospeter Muhongo said the government is keen to invest in alternative power production, including using wind and solar, to meet the hydropower shortfall and give hydropower dams time to refill.

Mtera and Kidatu hydropower dams on the Great Ruaha River at one point shut down for three weeks because water levels fell below the minimum required, officials said.

“The water level in most of our hydropower dams is not sufficient to generate electricity, yet there’s nothing we can do other than waiting for the rains to come,” Mr Mramba told the Thomson Reuters Foundation.

The hydropower shortfalls have led Tanesco to suffer losses of about 500 million Tanzanian shillings ($230,000) daily, Mr Mramba said.

In an effort to find a more reliable mix of energy sources, Tanesco is now building more gas-fired power plants, and looking at other renewable energy sources to supply the national grid.

“We are hoping to reduce hydropower dependence to 15% once our gas-fired plants become fully operational,” Mr Mramba said. According to Tanesco, gas power plants could provide 60% of the country’s electricity needs.

Tanzania’s government last year launched an electricity supply “roadmap” that aims to boost generating capacity from about 1,590MW today to 10,800MW in a decade, largely by building more gas and coal power plants.

Analysts say diversifying power sources is crucial to avoiding shortages like that caused by the current drought.

“Tanesco must use an energy mix in the order of priority to include natural gas, coal, hydro and renewables if it has to make electricity generation sustainable,” said an economics professor at the University of Dar es Salaam, Haji Semboja.

“Natural gas can keep electricity flowing when the sun doesn’t shine and the wind fails to blow. You can switch it on and off pretty quickly,” he said.

Tanzania might also consider importing electricity from large-scale hydropower projects in Ethiopia, Mr Muhongo said.

Dirty but cheap

Although Tanzania has for many years depended on hydropower, the country’s electricity generation has moved increasingly towards gas over the last decade after off-shore gas deposits were discovered near Mtwara on the southeast coast.

Today, oil and gas facilities account for 63% of the country’s power generating capacity, compared to 36% for hydropower, the government said.

Tanzania has more than 58-trillion cubic feet of gas, equivalent to 9.2-billion barrels of oil, according to the Ministry of Energy and Minerals. The country also has 1.9-billion tons of coal that could be used to generate electricity, the ministry said.

Ministry officials say that Tanzania, facing power shortages, should consider increasing its use of coal to produce electricity, even though burning coal is a major driver of climate change.

“It is the dirtiest but cheapest source of energy. Many countries are still producing their electricity almost entirely from coal. So why not Tanzania?” asked Ministry of Energy and Minerals commissioner for petroleum and energy Hosea Mbise.

But the government is also planning to use some solar, wind and geothermal power in its energy mix. A $132-million, 50MW wind facility is being built, Mr Mbise said, and the country hopes to win funding from the African Development Bank to develop geothermal plants.

About 36% of Tanzanians have access to electricity, and only 7% of those are in rural areas, according to the ministry. It said demand for electricity is growing by between 10% and 15% a year.

Tanzania oil and gas industry and what you need to know to engage the industry

How To Get Into Tanzania Oil.Gas Industry (3)

Is doing business in Tanzanian oil and gas industry interest you?. Do you fancy for job in Tanzania oil and gas industry?

Don’t worry,
To participate in Tanzania oil and gas industry is not hard as it looks.

However unless you have detailed information you will never participate in the industry.

It hurts me to say, Tanzanians we are in the last seat when it comes to our engagement in oil and gas industry. Why? because there minimal engagement of Tanzanians in the industry

The industry grows at fast speed rate, energy demand increases, but we just sit in the back bench and watch few people benefit access our new found wealth

Why does this happen? Lack of awareness and limited information.
It’s common in Tanzania when you hear someone is engaging in oil and gas industry. You will realize he just owning filling station.

Ooh..! Don’t get me wrong, is not bad to own filling stations. But we should do more than that.

what if I told you are not late? What if I told you there important facts you need to know helps you engage in Tanzanians oil and gas sector.

And all finds down this
Articles discuss essential things helps you either in doing business or get a job in the industry.
.
Oil and Gas job opportunities
Any Tanzanian can get into oil and gas industry as the industry require wide range of employee from security, welder, technicians engineer, human resources to top management, However, two points must be taken into consideration

To get into Tanzania oil and gas industry you need to be trained and get a certificate.

But where you can go for training?

Luckily we have 6 institutions that offer training relevant to oil and gas industry

  • Nelson Mandela African institute of science and technology(Arusha)- Master of Petroleum and Gas science and Engineering
  • University of Dar es salaam- offer bachelor degree in Petroleum engineering, Petroleum geology and petroleum chemistry
  • University of Dodoma(UDOM)- bachelor degree in petroleum engineer
  • Dar es salaam institute of technology(DIT)-bachelor in oil and gas engineering
  • Mineral resources institute(MRI)- Diploma in Petroleum geosciences
  • Earth sciences Institute of Shinyanga (ESIS)- certificate and diploma in petroleum geology

However, never rely on these certificates to participating in the Tanzanians oil and gas industry,

The following are essential things that determine your participation into oil and gas industry

  • Competence- is the ability to get a job done. And this can be developed through lifelong learning and continuously upgrading your skills.
    If you are an engineer you must be a good engineer, if you are technicians you must be the best.

You are ability to get job done faster and better and how                      competent you are is what determine your participation in                  the Tanzanians oil and gas sector rather than your                                     qualification and expertise

  • Contact- Many jobs are not widely advertised or posted. But the more people you know who know you the more referral you get and the more you increase chances to get into Tanzania oil and gas industry.

And the best news is this many oil and gas jobs are filled because someone who knows someone else.

Tell friends and relatives that you want to get into the industry, ask for referrals and make sure they know you are available for job——never underestimate the power of network in the Tanzanian oil and gas industry

Qualities search by employers
Oil and gas empoloyers  look for candidate with the following qualities

 

  • Problem-solving ability
  • Work as a team
  • Leadership skills
  • Good communication skills (written and orals)
    Strong work ethic

Oil and gas investment opportunities
Here are two ways for Tanzanians to do business in Tanzanians oil and gas business
Local business
If you think doing business in Tanzanian oil and gas industry then you must register your business with Business registrations and licensing agency (BRELA) which is responsible for business registration in Tanzanian oil and gas industry.
According to Tanzania local content policy 2014, it defines that the company or business registered to offer goods and services to oil and gas industry must be wholly owned by Tanzanians or with at least 51% of share owned by Tanzanians.
What does it mean? It’s simple! a company that has 51% share or above belongs to Tanzanians nationals

Partnership
What if you don’t have enough capital? What if you have limited abilities? Is not an excuse to participate in the Tanzanian oil and gas industry
If you don’t have have enough capital and resources to invest in Tanzanian oil and gas industry, then you can join forces with those having abilities and financial Muscles and transform your idea into great oil and gas business

You want to participate in Tanzania Oil and gas industry?
Yes, everyone wants to be part of Tanzanian natural gas boom, but it confuses if you don’t know where to look at. But start today, start small and start where you are, it’s easy

We are Brand Ambassadors for Oil and Gas sector

How To Get Into Tanzania Oil.Gas Industry (3)

Reach target that matter

Are you sick and tired of selling product and services that nobody buy?

Oil and gas industry buys various products and services however, lots companies and organizations  struggling to sell product and services to the  industry. And wonder if they should spend  hundreds dollars  on marketing

Unless you spend time on right places, you are never going to build the kind of audience  you need t sell products and services.

Luckily, Tanzania petroleum are thrilled to educate  customers about your  company’s products and services with the aim of convincing  them to buy

What we offer

  • We  write about your services and products  2 times a week  with our regular blog post
  •   Social Media promotion
  • When your  company post new updates launch a new event we  will be thrilled to pass it along our network to help spread the world about what you are doing to many people than you could reach on your own

Our target audience

Our blog focus on oil and natural gas, we would concentrate on product and  services related to petroleum industry.if products  and services  you offer are irrelevant  to the industry we are sorry that would not suit our audience.

            For Full details of our service packages contact us through

                                                      info@Tanzaniapetroleum.com

                                                                    

Swala Energy engages international advisory firm Gaffney Cline & Associates

Swala Energy has engaged Gaffney Cline & Associates Limited

Swala Energy has engaged Gaffney Cline & Associates Limited

Swala Energy (ASX:SWE) has engaged Gaffney Cline & Associates Limited, an international advisory firm headquartered in the United Kingdom, to complete a Competent Persons Report for its East African licences.

The company carried out three 2D comprehensive seismic programs over its Tanzanian and Kenyan licences in 2013 and 2014 and from this information identified a number of leads and prospects that are prime candidates for its previously announced upcoming drilling campaign.

The most significant of these is Kito, a prospect in the Kilombero basin, which a previous CPR (December 2013) estimated could contain gross prospective resources of between 48 (P90) and 424 (P10) million stock tank barrels of oil (MMstb).

Swala shall use this new CPR to provide an updated resource estimate for its East African licences.

Dr. David Mestres Ridge, CEO of Swala, commented:

“We now have an understanding of the potential volumes associated with our licences.

“The Australian Securities Exchange listing rules require these volumes to be confirmed by a qualified petroleum reserves and resources evaluator before they can be disclosed to the market, and it is for this that we have engaged GCA.”

Potential outcome of updated resource

Swala said that a potential outcome of the updated resource estimate is that if it triggers achievement of the definition by the company of P50 Prospective Resources of 200MMstb recoverable oil as independently verified to SPE-PRMS standards on the East African licences (the Milestone) by 12th April 2016 under the terms in the IPO Prospectus dated 12th March 2013.

Then then 5 million Class B Performance Shares would be converted into 5 million fully paid ordinary shares on the basis of one fully paid ordinary share for every one Class B Performance Share held, if the milestone is achieved.

Rystad Energy analysts upbeat about Mozambique and Tanzania growth

A firefighter sits on the edge of the helideck as he waits for a helicopter to arrive on the Agbami floating production, storage and offloading vessel (FPSO), operated by Chevron Corp., in the Agbami deepwater oilfield in the Niger Delta, Nigeria, on Monday, Nov. 16, 2015. Nigeria plans to review agreements for deep offshore oil production to seek more favorable terms in line with the latest industry standards, state-owned Nigerian National Petroleum Corp. said. Photographer: George Osodi/Bloomberg via Getty Images

Two leading analysts for Rystad Energy, Espen Erlingsen and Audun Martinsen, named Mozambique and Tanzania as the two countries expected to lead the way in African hydrocarbons growth in the coming years
Oil Review Africa Shell offshoreWhile Mozambique and Tanzania are set to shine, the Bonga project offers hope of growth for Nigeria. (Image source: Shell)

Erlingsen and Martinsen were addressing a client briefing session in London when they made this statement, along with the prediction that by 2017, oil prices will have risen to US$80 a barrel. On a global level, Africa was named by Erlingsen, Rystad Energy’s VP Analysis, as the continent with the largest oil and gas discoveries, along with South America.

Martinsen said that growth in the west African oil countries was “disappointing” with no big developments planned and big players, such as Total and Shell, conserving cash. However, he said that in 2016, Mozambique and Tanzania will be the countries to watch with big gas projects expected to come online in 2016.

Offshore projects, such as Coral in Mozambique, Bonga in Nigeria, Zohr in Egypt, and SNE in Senegal, are also expected to be sources of growth, according to Martinsen. He added that NIgeria’s prospects will be closely monitored in light of a new government coming to power after the March elections.

Solo Oil Gives Tanzania patner finacing, Operational Update

 

How To Get Into Tanzania Oil.Gas Industry (3)

 

Solo today notes the news release from the Operator of Solo’s assets in Tanzania, Aminex plc (“Aminex”), which includes details of an extension to their corporate loan facility and an update relating to the Kiliwani North Gas Sales Agreement (“GSA”).

The key items relating to the GSA are reported as follows:

· GSA inclusive of payment protection terms has been submitted to Tanzanian Attorney General office and is pending final signature;
· Songo Songo processing plant is now complete and awaiting Kiliwani North gas to begin commissioning and testing; and
· Ndovu Resources Limited (‘Ndovu’), Aminex’s wholly owned subsidiary, is engaged in final well maintenance work to bring the Kiliwani North well on stream.

Ndovu has reached agreement with the Tanzanian Petroleum Development Corporation on all terms of the GSA, including acceptable payment protection mechanisms for the gas delivered. The agreement has now been forwarded to the Tanzanian Attorney General’s office, whose approval is required prior to formal signing.

Also Read:solo-oil-agrees-farm-out-in-ruvuma-psa

Also Read:solo-oil-has-welcomed-the-decision-of-tpdc-to-back-into-kiliwani-north

 

Fursa Kwa Wazawa Kuwekeza Kwenye Miundombinu Ya Umeme

How To Get Into Tanzania Oil.Gas Industry

 

 

Wizara ya Nishati na Madini Inakaribisha Wawekezaji Wa Kitanzania Kuwekeza Katika Miundobinu ya Uzalishaji Umeme Katika Vyanzo vifuatavyo

Gesi asilia (Natural Gas)

  1. Makaa ya mawe (Coal)
  2. Miradi mikubwa na midogo ya maji (Hydro)
  3. Nishati jadidifu (Renewables):-                                                                                                                                                                                                                       bofya hapa kusoma zidi Soma zaidi 

 

Source

These are the best Jobs you can have in Oil and Gas industry

An oil worker is transferred via a 'Frog' basket from the tugboat Bourbon Auroch, operated by Bourbon SA, onto the deck of the Agbami floating production, storage and offloading vessel (FPSO), operated by Chevron Corp., in the Agbami deepwater oilfield in the Niger Delta, Nigeria, on Monday, Nov. 16, 2015. Nigeria plans to review agreements for deep offshore oil production to seek more favorable terms in line with the latest industry standards, state-owned Nigerian National Petroleum Corp. said. Photographer: George Osodi/Bloomberg via Getty Images

Would you like to know what are the best jobs in the oil and gas industry? Interesting to know oil and gas jobs suits you?

Article meet all the questions above

Before we move on to see those best jobs you can get in the oil and gas industries, there are some important facts to be taken into account

1. The best job for me is not necessarily the best for you because our values differ.
2. The job you can do is not necessarily easy for me; our skills/aptitudes differ.
3. The risks you can take in a job/career may not be accepted for me to take.
4. The salary, fringes, prestige you need are not the same for me.

The best job you can get in Oil ad Gas sector and any other industry is the one that:
• first of all, you like so that you can excel in it.
• gives you the material (money) and prestige satisfaction you need.
• matches your skills and aptitudes
• aligns with your values especially. if your social life warrants.
• is common with various industry areas to give more chance to get hired such as project controls, cost, planning, risk, contracts.
• is shared with as many people in the Organization as possible (if you prefer teamwork).

Read also  :5-ways-to-get-job-you-want-in-oil-and-gas

Read also:How to get into oil ad gas industry

Read also:3 suprising benefits and disadvantages of working in oil and gas industry

Free Message to all Tanzanians Regarding investment in Oil and Gas Sector

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The rapid growth of oil and gas sector in the country and the better return that obtained from oil and gas investment have been inspiring the imagination of many local entrepreneurs to invest in the sector.

The best news is this, the government is willing to support local entrepreneurs invest in oil and gas sector.

“ I want you people to seriously work and consider national interest first. The government is ready to help Local investors invest more in different sectors including oil and gas and manufacturing” –said President Magufuli in the meeting with Local businessmen last week.

This indicates Tanzanians have currently no excuses to invest in the oil and gas sector as the government is ready to create enabling environment for business

However, there are important points to put into consideration while Tanzanians thinking to invest in oil and gas sector.

Understand the industry
“Never invest in business that you cannot understand“– Warren buffet
Investment in oil and gas sector should be done with proper knowledge.Oil and gas industry is quite different from other industries, the industry has many risks and reward is high as well. Considering fluctuation of crude oil price can instantly ruin your investment.

The complexity of the industry from upstream to downstream and the industry is full of many technical jargons which sometimes can make you hard to absorb. However with proper understanding of the oil and gas industry, you have great chance to run the business smoothly

Analyze the market
Identifying what is needed in the market and deliver products or services that are in dire demand, this can ensure you the good return on your investment. It’s better for interested Tanzanians to invest in the right market. Failure to properly analyze market for your oil and gas investment would result into frustration

Hard working
If you are not ready to work hard and smart, investing in oil and gas sector is not a wise decision for you. I recommend you to shift into another business.No matter of what oil and gas business you are going to do, working hard is not an option is mandatory in the oil and gas industry

“Don’t think you will just make money. You have to be ready to work hard. If you come to our office at 9 pm you will still find our staff in the office”– David Ohana Managing director of Kenyan Oil Marketing Company
You will never make in oil and gas business unless you decide to work hard and smart

Be patient
If you are interested is an immediate income, you would never make it overnight in the oil and gas industry. Do not expect to get an instant result in the oil investment.

For those who really interesting in oil and gas sector, they have no choice rather learning to be patient.

Oil and gas are long term investment, you may have a look at investment in oil and gas exploration and production it takes 10 years to enjoy the benefit of your investment. Is for this reasons we have minimal number of Tanzanians in the league of oil and gas business

Final Words
There are number ways that Tanzanians can engage into oil and gas business, however, interested Tanzanians must be little careful when choosing the kind of oil and gas investment they interested in

Read:interesting-business-opportunities-in-Tanzania-oil-and-natural-gas-sectors-for-local-entrepreneurs.

Read also:2-reason-why-east-African-oil-and-gas-industry-could-change-global-energy-market

                                             info@tanzaniapetroleum.com

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