Petrostate Blog for the period 01.10.2018 to 14.10.2018

Research
National resources’? The fragmented citizenship of gas extraction in Tanzania
Recent discoveries of oil and natural gas across East Africa have provoked a wave of political optimism fuelled by imaginaries of future development.
Tanzania is a paragon of this trend; its government having asserted its potential to become a globally significant natural gas producer within a decade. Yet, this rhetorical promise has been countered by a series of violent confrontations that have taken place between state forces and residents of southern Tanzania. Although these struggles are about various articulations of resource sovereignty, this paper argues that they should be located less in questions of resource control, than in a historical marginalization of the south, or what has been called a ‘hidden agenda’, that privileges urban centres to the north. Read more here 

The oil discovery in Uganda’s Albertine region: Local expectations, involvement, and impacts
This paper examines the opportunities created by the recent oil discovery in Uganda’s Albertine region for local economic development. This is achieved through an assessment of local expectations, involvement, and impacts of on-going activities following the discovery of oil. Read more here

Investments Under International Investment Law 
A new briefing note, co-authored by CCSI, IIED and IISD, provides an overview of the international investment treaty regime, and its impact on the governance of sustainable investment in agriculture. Read more here
Training

UpcomingExecutive Training on Sustainable Investments in Agriculture
The 2019 Executive Training on Sustainable Investments in Agriculture an interdisciplinary program provides an overview of pressing issues related to agricultural investments, as well as an introduction to relevant practical skills. Participants work with practitioners and experts from within and beyond Columbia University, and receive a Statement of Attendance from Columbia University. Past participants have described the course as “phenomenal” and “fantastic,” delivered by “highly knowledgeable” experts and providing a “great opportunity for networking.”
For more information about the course, and to access the application, visit website.

Summary report of workshop on Environmental And Social Impact Assessment (ESIA)
The Workshop formed a part of a series of ESIA forums convened by HakiMadini, held   on 29th and 30th Septmber in Dodoma Tanzania. Participants were drawn from a widerange of stakeholders. The extract of a report on the workshop is on Environmental And Social Impact Assessment (ESIA) practices in the extractive sector. Sub-theme i: Uranium extraction. Read more here

In The News
Bounty Oil & Gas ejected from Tanzania’s Kiliwani North Development License JV
The Kilimani North Development License (which contains the Kiliwani North field and Kiliwani South prospect)joint venture comprising of Ndovu resources, RAK Gas and Solo Oil have taken over Bounty Oil & Gas interests following the company’s failure the meet its commitments as per the joint operating agreements.Read more here

Change of funding structure and SEM extension
The Board of directors of Swala now wishes to inform the general public that following a change in the funding structure of the pursued acquisition, the overall size of the bond issuance on the Stock Exchange of Mauritius (“SEM”) has been reduced to US$20 million and the subscription period has been further extended and is now expected to close on 19 October 2018. The listing of the Notes on the Official Market of the SEM is now expected to happen on or around 22 October 2018. Finally, the Listing Particulars will be updated accordingly and resubmitted to the SEM for approval. Read More here

Wentworth Resources Limited : Corporate, Operational and Resource Update
Company payments received for September 2018 gas sales generated from the Mnazi Bay Concession in Tanzania totaled $3.24 million net to Wentworth. Read More here 

Australia’s LNG comes of age
Western Australia has the potential resources and infrastructure to supply the world with LNG for decades. It’s hard to grasp the sheer size and remoteness of Western Australia and the ancient geological processes that have shaped its vast onshore and offshore cache of natural gas. Three-toed dinosaur footprints on the rocky foreshore at James Price, some 50km (31 miles) north of Broome in the Kimberley hint at the age of the land. Aboriginal history recalls the existence of sites now long under water which date from a time when sea levels were far. Read more here

Peak Oil Review – October 2018  
Oil and the Global Economy; Oil prices continued to climb last week, with London futures hitting $86.74 a barrel on Wednesday, $10 higher than they were a month ago.  Later in the week, profit taking and announcements from the Saudis and Russia that they were going to increase production drove prices lower. Read More here

Top US envoy on Iran to hold talks with India, European nations regarding oil import 
A top US envoy on Iran is headed to India this week for talks ahead of the November 4 deadline set by the Trump administration for countries to bring down their import of Iranian oil to zero. Read More here

Peak Oil Review – October 2018  
Oil and the Global Economy; Oil prices continued to climb last week, with London futures hitting $86.74 a barrel on Wednesday, $10 higher than they were a month ago.  Later in the week, profit taking and announcements from the Saudis and Russia that they were going to increase production drove prices lower. Read More here

Top US envoy on Iran to hold talks with India, European nations regarding oil import 
A top US envoy on Iran is headed to India this week for talks ahead of the November 4 deadline set by the Trump administration for countries to bring down their import of Iranian oil to zero. Read More here

Events

Upcoming Events

The Oil Trading and Logistics Downstream week
The annual OTL Africa Downstream Week is the continent’s leading business forum for market insights, emerging opportunities, products’ showcase and recognition of excellence in the African downstream petroleum value-chain. It features a strategic conference, dedicated industry exhibition and the annual OTL Downstream Industry Dinner. Also called The Africa Downstream Week, it is organised in collaboration with key partners in government and the industry. More Information visit: http://www.otlafrica.com/

Date: 28th October-31st October, 2018       Place: Oriental hotel, Lagos, Nigeria

Past Events
Executive Session on the Politics of Extractive Industries
At their third meeting, held last week, the members of the Executive Session on the Politics of Extractive Industries discussed a number of issues related to the impact of politics on the efficacy of various areas of governance interventions, from technical assistance to free, prior, and informed consent, to transparency and accountability. Read More here

Outcome Report of Roundtable on International Investment Regime and Access to Justice
On October 18, 2017, the UN Working Group on Business and Human Rights  and CCSI co-hosted a one-day roundtable on the impacts of the international investment regime on access to justice for investment-affected individuals and communities. This outcome document and short briefing note provide a summary of roundtable discussions. Read more here

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.

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