Your Guide To Build Wealth Through Gas Investment In Tanzania

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Oil and gas business become the hot cake in Tanzania, many Investors have been put their cash in this industry.
Have you ever thought why? As a result of strong return it produce.

I can with confidence tell you a lot of cash has been made on the regular basis, Investors are cheerful to their banking accounts with streaming of money like water streaming in the Indian Ocean.

Why don’t you take your reasonable proportion and begin to develop wealth in Tanzanians gas?

And the great information is that you don’t need to quit your jobs making an investment In Tanzanians oil and gas industry.

You have a choice either do it full-time or part-time, if you are oil and gas wealth seeker, there are several ways to strategy Tanzanians gas industry.

Each has benefits and drawback, Before you talk of making an investment you need to know where to invest, your choice you are making after this, relies on your wallet dimension.

What I mean is: Looking at through this article you choose if are able to manage to offer logistic and transport solutions or making an investment in drilling oil and gas wells.

Buy stock in Oil Companies
You contact broker and buy share of either upstream(exploration and manufacturing company) or downstream(marketing and oil companies) in Dar es salam Stock return Exchange.

  Advantages

  1. Do not need great investment anybody can afford
  2. Less risk investment in comparison to other oil and gas investment avenue

Disadvantages

  1. It impacted by oil costs, right now oil price is down so we are near the base because of the condition of the economy.
  2. Find out more about inventory business

Read: How To Invest in Tanzanian Oil and gas sector through purchasing oil company stock

Invest in drilling projects:

There are two kinds of this type of investment
Exploratory well.You drill well in places no past oil and gas discovered. And a number of water wells could be sunk before real gas is found
Development well: these are oil and gas wells sunk in area whereby gas has already been discovered
Advantages

  1. High benefits
  2. Tax deduction

Disadvantages

  1. Risky business if you don’t attack natural gas

NOTE:

  1.  examine the oil company profile and study its past undertakings
  2. Put resources into experienced oil company which took care of and executed a few activities fruitful
  3. Just oil company with demonstrated track records can diminish the risk of your asset altogether

How do you invest in these schemes
Most oil and gas organizations have sites that welcomes investors to take interest through online application

Supportive services
You give services that are required by oil and gas organizations to achieve oil and gas exercises this incorporates logistic and transportation solutions, pipeline services procurement solution and so on.

Advantages

  1. Less risk
  2. Do not need huge capital

Also Read: 7 Supportive services To Offer In Tanzanian Gas Sector and Make huge profit

Find new oil and gas reserves:

You buy area from the govt. And you take part in hunting down oil and gas

Advantages

  1. In the event that you are willing to acknowledge high risk then you get strong returns (you make up 10 times of what you contributed).
  2. You restore failures past projects if you discover oil and gas in territory

Disadvantages

  1. High-risk investment(you can reduce your whole investment)
  2. It’s  capital intensive

Final words
Oil and gas investment give you immense return but it also is a risk relying upon how you decide to invest.Make sure you research your options and become knowledgeable of the risk associated with each kinds gas investment and pick one that is a good fit for you.

Dear Reader I’d love to hear from you.Reach me through Hussein.Boffu@tanzaniapetroleum.com 

Tanzania to rake in capital gains from $55b buyout of BG Group by rival Shell

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Tanzania is set to collect millions of dollars in capital gains tax following Shell’s acquisition of BG Group, barely two years after banking $258 million in similar payments over the same gas resources.

On Monday, Shell officially acquired BG Group and its assets in a $55 billion deal, touted as the biggest energy deal in more than a decade — positioning Tanzania as one of the continents’ top supplier of gas.

Tanzania is expected to endorse the transaction and change of shareholding once the capital gains tax payment has been effected.

The takeover now gives Shell a 16 per cent controlling stake in the world’s liquefied natural gas (LNG) business, with Tanzania and Egypt as its anchor operation areas on the African continent. Tanzania has proven reserves of 55 trillion cubic feet of natural gas, which is expected to generate almost $5 billion annually.

The country is expected to construct an LNG plant at the start of next year, with a target completion date of 2024, depending on Shell’s strategies.

 

BG Group Tanzania, with its partner Ophir Energy, has invested over $1 billion in a fast-track exploration appraisal programme. BG owned 16 wells for blocks 1, 2 and 3, which contain an estimated one-third of Tanzania’s gas reserves.

BG Group declined to discuss the transaction details and the amount payable to Tanzania.

Three years ago, Tanzania received a capital gains tax of $258 million on the proposed $1.3 billion asset sale of Ophir Energy’s natural gas fields in the country to a unit of Singapore’s Temasek Holdings.

Step by step instructions to Make Endless Money In Oil and Gas During Times Of Low Oil Prices

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Something change the entire oil and gas business, Guess what? The Oil prices recession. Your clients don’t listen to you.They are sad with low oil price. They don’t pay attention to your products and services.

Feel frustrated under the present environment on the most proficient methods to draw in clients and supply numerous items and services to the oil and gas industries?

Don’t worry, plenty people face the same battle in bad times of low oil costs. .

However, it may be the awful times for others yet for you is the chances to develop prosperity in the oil and gas industry.Why? In light of the fact that each oil costs drop accompany chances to profit.

Here’re are tips to profit during circumstances such as the present

Listen to your clients
Your clients think on the best way to manage the low oil costs, they get rid of what don’t work.They laid off laborers, they purchase only imperative items to adapt to the late condition.

So on the off chance that you present the products that save cash, you would offer like insane to the oil and gas segment. Your solution that fits oil and gas firms needs to minimize cost, you will assemble a decent association with your clients in this seasons of downturn as well as whatever is left of your business.

Also Read:Effective Way To Attract High Paid Clients In Oil and Gas Market

Fix what they don’t know
Oil and gas firms may have an issue that didn’t know they had, Offering items and arrangement meet your customers needs that have ever considered they have. In this way, you items and solution will get consideration than common and profit.

Do unexpected

Your rivals are right now brimming with apprehension and uncertainty due to the low oil costs, they are questionable with the present environment. To profit supply items and administrations that can not mimic as a result of the fear of getting lose or uncertainty of the economic situation.

Concentrate on downstream and midstream of the business

Presently Downstream industry is blasting, begin to consider offering items and solution that settle the issue into either midstream or upstream of the business to adapt to low oil costs.

Final word
Now is the right chance to grow your business or company, is the time earn a lot of money investing in oil and gas industry.Why? Because opportunities are up, Your business will grow faster in this time if you have products that help oil and gas firms to save money and time.

Kenya Eyes Oil Export In 2017 via Truck and Railway

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Kenya is considering moving its crude oil to Mombasa by road and railway as President Uhuru Kenyatta’s administration races to hit export markets before the General Election set for August next year.

The Energy ministry has offered Rift Valley Railways (RVR) the contract to move the oil over a distance of more than 800km, from Eldoret to the Kipevu-based Kenya Petroleum Refineries  (KPR) from as early as February next year.

By choosing trucks and train, Mr Kenyatta’s administration appears determined to sidestep bureaucracy involved in constructing a joint pipeline with Uganda in an effort to beat its tight timelines.

“We are quite ambitious but we know we will be able to pull this off in the next 12-16-month window,” said the head of Presidential Delivery Unit Nzioka Waita.

“And as we speak, work has been done to improve the road network from Lokichar to Lodwar and from Lodwar to Kapenguria to increase the shoulder size to allow trucks which carry crude oil to convey it to Kitale and subsequently to Eldoret,” Mr Nzioka said in a presentation made during the Governors’ Summit last week.

The upgrade of the 213km- road from Lokichar to Kitale has been top of the government’s agenda as it looks to facilitate the quick transport of crude to an export terminal in Mombasa.

Kenyan officials also appear to be keen on sidestepping the long process of constructing a joint crude oil refinery under discussion with Rwanda, South Sudan and Uganda.

The joint projects were supposed to be built in public-private partnership model.

South Sudan is embroiled in civil strife since 2013 while Uganda has in recent months been preoccupied with political campaigns that culminated into Thursday’s election.

Uganda, which aims to start crude production by 2018, recently signed an agreement with Tanzania to explore the possibility of building a crude oil pipeline between the two countries.

Although Uganda had agreed to the Kenyan route, it said Nairobi had to guarantee security for the pipeline, along with financing and cheaper fees than alternatives.

Settling for a route through Tanzania could slow some projects in Kenya, which are planned to run alongside the pipeline on the land corridor in the North of the country to Lamu, where Kenya wants to build a new port to serve the region.

“We are now trying to refurbish Kipevu plant– which has only been bringing petroleum in – to take petroleum out,” said Mr Nzioka.

“At the Kipevu plant, they’ll do what they call first line refinery and then take that into the export market.”

How To Sell Products and Services Like Crazy To The Oil and Gas Market

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Are you want to sell more products and services in Oil and Gas without much energy and cash in marketing? Interested to double maybe triple your sales?
In real life sales are everything? Why ?It makes business or organization develop. What’s more, It likewise pays workers.

Don’t worry, there are straightforward actualities you have to cope and beginning offers like insane to the oil and gas market.Okay let meet them

Identity what work
You think would offer a wide range of lubricants oil or all sort of personal protective equipment and drilling bits in your factory.

No, it doesn’t work like that, the truth of the matter arrives just a couple of key items in your warehouse that work. You have things that are a desperate interest to your customers.

To expand sales rate recognize just items and solution that many of your customers need to buy and improve or remove items that are less required to your potential clients.

In this manner, you raise your efficiency and invest little energy since you concentrate on imperative products and services that work

Also Read:How To Get High Paid Clients In Oil and Gas Market

Never focus on money
Rather than concentrating on how you can profit selling items and services to the oil and gas market, you ought to focus on supplying items and arrangement that your customers will buy. This makes you actually support sales and efficiency

Hit your competitors
In this data age, anybody can register a company with Business registration and licensing agency(BRELA) in few month and start delivering the same products and services you offer.

Lots people outside there sell personal protective equipment to the gas market. Offer the logistics and procurements Services. So the business sector is swarmed.

To profit from this environment, you ought to win your rival through offering items and administrations your rival has no hobby or doing what contender fear to accomplish for it is possible that it diminish their benefit or bores them.

Final Words

Selling into oil and gas industry is the matter of working smart and not hard if you have strategic approach ways to offer top quality products and services you never investing much cash into putting ads and marketing.

        Dear Reader, I would like to  hear from you.

       In case you have anything do not hesitate to contact me through  Hussein.Boffu@tanzaniapetroleum.com

  0655 37 65 43 or 0689 95 57 11

4 Reasons Tanzanians Must Use Recruitment Agencies To Land Their Dream Oil and Gas Jobs

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To get oil and gas jobs under current environment is not simple assignment as the oil and gas companies cut the budget in response to low oil prices.

Be that as it may, in case you’re searching for jobs in Tanzanian oil and gas sector, don’t lose hope as the oil and gas sector is offer opportunities for career advancement also getting a charge out of high bundle for your exertion

Is the time  to narrow your hunt with help of recruitment firms

The greater part of us when we consider oil and gas employments we begin to reach the particular company.But these days numerous oil and gas organizations, when they touch base in Tanzania, are outsourcing recruiting procedure to hiring  firms.Why are oil companies so doing?

Because they would prefer not to waste time on enrolling on the grounds that they need to complete projects  quicker and well.

As the Tanzania local content policy requires them to hire local people so with the help of recruiting firms is simple to pull in a local force with aptitudes they require.

Also Read:Why Many Tanzanans are eyeing Oil and Gas Jobs

Here’re the reasons you must use hiring firms to get oil and gas jobs

1: Most oil and gas jobs never advertised anywhere
Whenever Statoil or BG come in Tanzania, they don’t know where to get neighborhood workforce, what they do? They get in touch  with enrolling firm, they give them the capability of specialists they need. Furthermore, the recruitment office searches for individuals with such qualities to fill the post

2:They make benefit by offering you Jobs

Numerous individuals think about how recruitment organizations make a benefit, as a general rule, these firms  make the colossal benefit on the off chance that they convey a substantial number of laborers to the oil organizations. Since they need to make benefit they strive to search for oil and gas organizations that are in desperate interest with representative

3:They work with  many oil and gas companies

Hiring firms manage numerous oil organizations, this makes it simple for you instead of applying specifically to the organization in light of the fact that on the off chance that you miss occupations in one organization you get in another. Also, they conscious of empty position accessible in the industry.

4:Offer extensive variety of work

Hiring organizations would help you to arrive either internship permanent, or temporary job since they get request from their customers

Which are Recruitment organizations to reach

For Tanzania, we have two recruiting firms committed themselves to link Tanzanians with oil and gas employers

Radar Recruitment Firm

Proactive solution

In the event that you are job seeker and you strategy career in the oil and gas industry, I recommend you to stay in contact with hiring firms. Resolve yourself to visit their website and guarantee that your resumesAre accessible in their database.
 Final Word
If you are job seeker and you plan career in the oil and gas industries, make sure you stay in touch with recruitment firms, resolve yourself to visit website of recruitment agencies and ensure that your resumes
Are available in their database.

 Dear reader i love to hear from you, In case  you have opinion do not hesitate to reach me through

 Hussein.Boffu@tanzaniapetroleum.com

0655 37 65 43

 

TPDC Fertilizer Plant To Provide 5000 Direct Jobs And Opportunities For Construction and Building Players

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The Tanzania Petroleum Development Corporation has announced that it will invest in a fertilizer plant to be set Kilwa division Lindi district German investors Ferostaal Industrial Project GmbH at a cost of $1.9 billion.

TPDC says it is the government’s plan to support companies investments in the extractive sector with the plant expected to produce 3850 tonnes of fertilizer daily.

According to TPDC Director for Production, Processing, Transport and delivery of natural gas  Dr. Wellington Hudson who met representatives from Kilwa, Lindi  the joint venture will utilize 104 million cubic feet daily and will produce two types of fertilizer namely ammonia and urea.

Also Read:.The Ultimate Guide To Invest In Tanzania’s oil and Gas Sector

TPDC through its managing director Dr. James Mataragio adds that the plant will provide 5000 direct jobs as well as opportunities for players in the building and construction industries who will provide the needed raw materials.

The project is also expected to increase earnings for the corporation through consumption of natural gas while at the same time provide opportunities to better sectors such as health, aviation, sea ports among others.

They were both speaking at a familiarization and community awareness tour in Kilwa that saw representatives including the area members of parliament, district commissioners and heads of various committees including security attend with the aim of ironing issues related to the project.

Since the discovery of natural gas in Tanzania the economy has witnessed tremendous growth with 70% of power generation coming from gas which is currently serving 37 industries in Dar es Sallam according to TPDC.

What To Expect From Petroleum Courses in Tanzania

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Petroleum Courses In Tanzania

Despite the fact that Tanzanian gas sector is in infant level but a lot have been done by government and its relevant ministries to develop local skills needed to handle our new found resources.These days we have many educational institutions offer petroleum related programs.

However, there is a significant gap between the kinds of graduates that universities are delivering and what oil and gas companies needs? Have you ever considered why this happen? Here’re challenges:

Read Also:Tanzania Oil and Gas Industry And What You need To Know To Participate In This rewarding Sector

According  to the Norwegian Agency for Development cooperation (NORAD)’ need assessment revealed that  University training in oil and gas in Tanzania is confronted with the following challenges: Concentration on upstream(exploration and production activities) not including downstream and midstream operations such as storage transportation, shortage of qualified teaching staff, absence of laboratories and equipment and preponderance of theoretical orientation.

Let face them

Courses Concentrate on upstream activities ( exploration and productions)
Many petroleum courses offered in Tanzania relies on teaching students on how to search and getting oil and gas out of the ground. But the courses are far taken off  downstream and midstream fields where students would gain insight on refining transportation and marketing oil, and gas.

Think courses like petroleum engineering, petroleum geology, petroleum geoscience and so on

Lack of trainer with practical experience related to Oil and Gas Sector
The fact is that, In petroleum industries experiences is vital than the level of education  some one posses
Why?,Having practical experience means you have met with many challenges and you know how to work on it. Instructor with theoretical information and absence past work experiences in oil and is very hard to deliver and make students have a clear idea about oil and gas sector.

Theoretical Orientation
Lack of laboratories, equipment, and industrial practical training relevant to petroleum industries is another challenge in petroleum courses in Tanzania
What do we expect from this trend?
Under this environment job in international oil companies won’t be for every Tanzanian due to incompetency.
Some graduates should have no alternative than to go for extra post graduates oversea universities

Ideally, you say oil and gas companies would give you on the job training to adapt these skills, But trust me nobody love to train fresh graduates from scratch as it cost company millions of dollars to train. Our graduates must be prepared to have skills and knowledge that meet petroleum industries

Opportunities

Despite these challenges Tanzania petroleum courses has benefit to developing Tanzania Local content because
Stimulate jobs
Increase skilled workforce

The writer suggestion on how to Overcome to these challenges

As the oil and gas sector grow at fast rate  than you have ever imagine possible , the writer recommendation  is  to Focusing on high-quality education. How?  This can be achieved through partnership between government and industries

Why? Because it seems the institution that delivers top quality oil and gas education have been doing the same way
Let take Nigeria as a case study.

Nigeria’s institute of petroleum studies is sponsored by Total exploration and production company and state-owned Nigerian National petroleum Corporation.

By doing so, they managed to minimize costs of sending students overseas for petroleum training and them able to produce graduates with skills fits oil and gas industries inside their territories.

                                                                         Dear readers we love to hear from you

         For the further assistance would be thrilled to reach me through Hussein.Boffu@tanzaniapetroleum.com

                                                                        0655 7 65 43 or 0689 95 57 11

Amazing Facts You May Not Know About Oil and Gas Industry

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Many people want to take part in Tanzanian oil and gas sectors, Tanzanians are eyeing oil and gas jobs, some part are eager doing oil and business. The journalist wants to write about oil and gas sector.

However before you look for opportunities in oil and gas sector there are some essential details to know about oil and gas sector.

Toward the end of this article, you would have superior compression of where to work or to offer products and solutions in oil and gas sector.
And All are down this

Big Four

Oil and gas industry compose of 4 segments notably upstream, midstream downstream, and service

1:Upstream companies include of procedure of getting oil from the ground also know as production and exploration stages

Upstream involves the following process:

  • Searching and discovering oil and gas reserves
  • Digging of holes(wells)
  • Operation the wells
  • Pulling out the oil and gas to the surface

2:Midstream  companies represents the transportation of crude oil and gas from one location to another. Consider things like pipeline, Tankers, Truck, boat etc

3:Downstream operators, they process crude oil and natural gas into finished products that to be used by the consumer, also, they engage in selling and marketing of oil products such as diesel kerosene, gasoline petrol and so on. it comprises petrochemical plants, oil refineries, plastics and fertilizer

4:Service companies they don’t engage in any oil and gas operations but they have manpower, expertise, and technology to serve oil and gas industry

Oil and gas sector is global and not international
Most people mix up these two circumstances when it comes to oil and gas sectors, In clarifying this when you go an office of Statoil office in Dar Es Salaam the people perform there are Tanzanians, then if you go an office Statoil in Norway the people work there are Norwegians
The same way if you go an office of Statoil in Nigeria the people work there are Nigerians

Oil and Gas language
You know why I love petroleum industry? Because of existing terminology used in this field
You will be amazing! Here’re some of them

Tree: When you hear the word tree your first thought goes into an area where birds and other animal lives. But this is deferent in oil and gas sector. Tree or Christmas tree it gives control of well during production of oil and gas

Super Major– These are oil companies engage in upstream, midstream downstream and services activities, As I am writing this article there are on 4 super majors in the world, including TOTAL, SHELL, BP, CHEVRON,  and  EXXONMOBIL

NOC- short for national Oil Company, is the oil and gas company owned by the host country. For example, in Tanzania Petroleum development corporation(TPDC) is NOC, If you go United Arab Emirates ADNOC is NOC

Final Thought
These are primary details to put into concept if you consider opportunities in oil and gas industry.
Dear Reader, we love to hear from you
Drop your comments below or reach me through Hussein.Boffu@tanzaniapetroleum.com or 0655 37 65 43 /0689 95 57 11

The most effective methods to Find The Right Lubricants Oil Supplier In Tanzania

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The lubricants oil is the among of lucrative business in Tanzania. And the demand for this business is huge in Tanzania.Why? Because we are the biggest consumer of lubricants oil.

Also Read: Lubricants Oil A booming business Opportunities In Tanzania

In Agriculture, automobile, Mining, and oil and gas industries the moving parts of machinery and equipment regularly require lubricants oil so as to operate efficiently and reduce friction.

But if you go to the market, many lubricant oil suppliers are available.This might lead you confusing and stay dilemma where to purchase top quality products that meet your needs
In any case, you never buy right lubricants oil unless you know the actualities that help you to pick the right suppliers: Here’re  the best methods in getting the best company lubricant oil supplier

Identify your target audience
In a business sense, we do not sell to everyone but we focus on our objective audience.Are automobile industries your ideal customers or the agriculture industries?Because every specifics industry require lubricants oil with specific requirements, for example in food industries Lubricants oil intended to be protected on the off chance they interact with food. Identifying who are your right prospect would help to pick the right company supplier

High-quality Lubricants Oil
When you think about picking as a supplier to work with, purchase from the company that has demonstrated track records of supplying quality items, remembers that not all Tanzanian supplier have quality lubricants oil. These days clients search for quality, so your prosperity relies on upon giving you customers brilliant lubricants oil that addresses their issues. To accomplish these, you need to search for organization supplier that quality items are their trademark

Prices
Are company you deal with offer lubricants items that fit your financial plan? ? Consider the prices of lubricant oil that company offer

Final Thought

Before you put your hard-earned money it’s better to do an investigation into company you want to purchase lubricants oil, by put into consideration the above-mentioned aspects. This would help you to reduce risk considerably as well as make solid returns.

Dear readers we love to hear from you and for quickest assistance do not hesitate to contact me through

                                    Hussein.Boffu@tanzaniapetroleum.com

                                          068995 57 11 or 0655 37 65 43