|Tanzania: TRA Wins 4bn/ – Tax Battle Against Oil, Gas Explorer
Court of Appeal has dismissed with costs an application by UK-based oil and gas conglomerate, BG International Limited, against payment of 4.2bn/- tax to Tanzania Revenue Authority (TRA). http://allafrica.com/stories/201807020554.htmlWentworth reveals payment update for gas sale in Tanzania
Wentworth, the East Africa- focused oil and gas company, has informed to receive the payments during June 2018 for gas sales generated from the Mnazi Bay Concession in Tanzania, totalling US$3.1mn net to Wentworth
Swala, Orca agree on new bond closing-Tanzania
Swala oil and gas Tanzania has agreed with Orca group to extend closing of previously announced Investment by the company. http://www.thecitizen.co.tz/News/Business/-Swala–Orca-agree-on-new-bond-closing/1840414-4644024-do4k3j/index.html
Mozambique Area 4 progressing Rovuma LNG marketing
ExxonMobil and Eni have announced that marketing efforts are underway for the Rovuma LNG project, which will produce, liquefy and sell natural gas from the gas fields of the Area 4 block offshore Mozambique. Senior management representatives of the co-venture parties (ExxonMobil, Eni, CNODC, ENH, Kogas and Galp) met Wednesday during World Gas Conference in Washington, D.C. to affirm marketing progress.
Pate 2 Well Drilling Set to Continue in August as Sakson Rig Arrives in Mombasa
Drilling of Pate 2 well in Lamu’s Block L4 could continue this late July or early August after the much awaited ship carrying the 2600hp Sakson SK604 rig arrived in Mombasa last week. The rig will then head off to Mtandawanda port in Lamu East aboard a barge hired from a local company with the expected arrival date expected to be Thursday. According to sources the massive rig will afterwards be offloaded for transportation to the drilling site some 16 kilometers away before being assembled for drilling an exercise expected to take about a month all together.
Pain in stores as fuel prices continue to rise nationwide-Tanzania
With the increase in oil prices world wide, Tanzanians are going to have to dig deeper in their pockets.
Reasons behind decline in gas exploration revealed-Tanzania
The government has confirmed that the number of gas exploration licences for eight companies has dropped from 26 to 11 within a decade.
The Role of State Owned Enterprises in Implementing the Industrialization Agenda
The Government of Tanzania has prioritized industrialization to propel Tanzania into a middle income country. The process towards industrialization is complex and needs broader and effective stakeholders’ participation. State Owned Enterprises (SOEs) are critical stakeholders responsible for translating the industrialization agenda into tangible results.
In the context of the above, UONGOZI Institute, in collaboration with the Office of the Treasury Registrar in the Ministry of Finance and Planning is organizing a one day Roundtable discussion to examine the role of SOEs and how they can contribute to the national industrialization agenda. The dialogue session will discuss among others:
Lessons from other countries: How SOEs have facilitated the industrialization agenda.
The extent to which SOEs can take advantage of the opportunities emerging during the process of industrialization.
The extent to which SOEs can meet the challenges arising from the process of industrialization.
The Minister of Finance and Planning, Hon. Dr. Philip Mpango will officiate the Roundtable. The Keynote Presentation will be delivered by Dr. John Page, Senior Fellow in the Global Economy and Development Program at the Brookings Institution in Washington, D.C.
Date: 10th July, 2018 Place: Dar es Salaam, Tanzania.
|The Tanzania Petrostate Programme Blog is produced by the joint programme of three institutions: REPOA and theNBS in Tanzania, and CMI in Norway with support from the Royal Norwegian Embassy in Dar es Salaam. The purpose of the blog is to draw attention to publications and reports on the gas and petroleum sectors, which may be of interest to researchers, politicians and the general public. The blog does not state opinions but merely links to relevant postings on the world wide web with a brief description and/or quotes of the content and opinions stated by authors.
The Petrostate Programme runs a website at http://www.tanpetstate.org/ where the participating institutions and researchers are presented and the aims of the programme, research results and publications are posted. The programme is also gradually building up a Resource Hub (http://data.tanpetstate.org/) where researchers and other users can download important statistics and information pertaining to the petro sector and its effect on the Tanzanian economy and society. The database covers 20 categories including production and sales of petroleum products, environmental issues, poverty, public budgets etc.
The programme and its cooperating institutions are extremely grateful for constructive comments, advice on the blog and website (link below) as well as information on important web posting that deals with the petro sector and its role in Tanzania.