Petrostate Blog for the period 29.10.2018 to 12.11.2018

Research

  Taxing Africa : Coercion, Reform and       Development; By Mick Moore, Wilson Prichard,   and Odd-Helge Fjeldstad..
Taxation has been seen as the domain of charisma-   free accountants, lawyers and number crunchers –   an unlikely place to encounter big societal   questions about democracy, equity or good   governance.

Yet it is exactly these issues that pervade conversations about taxation among policymakers, tax collectors, civil society activists, journalists and foreign aid donors in Africa today. Excerpts from Chapter 5: Extractives and Extraction: Taxing Oil, Gas and Minerals looks in particular Zambian mines underlying problems in taxing the extractive industries of which are also common across Africa. Read More here

Infobooklet: Beneficial Ownership in Ghana
This visual booklet, produced in collaboration with the Ghana Extractive Industries Transparency Initiative (GHEITI), explains in straightforward language the governance and corruption risks presented by hidden company ownership. It goes on to explain how Ghana is addressing the challenge. Read more here

In The News

RAK Gas signs production sharing agreement with Zanzibar
State-owned RAK Gas, which supplies natural gas to the UAE’s northern emirates and Africa, said on Monday it has signed a production sharing agreement with Zanzibar. The project is the African country’s “first-ever exploration project”, said RAK Gas co-chief executive Kamal Ataya, whose company signed the agreement to execute the scheme with the Zanzibar government as well as the Zanzibar Petroleum Development Company. Read More here

African Development Bank launches African energy portal
“Building a Knowledge Base to De-Risk the Energy Sector in Africa,” brought together investors, policy makers and government officials for a presentation of the new initiative on Friday 9 November, the final day of the Forum. The AEP portal, hosted at, will consolidate, validate, and disseminate energy data and insights across Africa’s energy value chain, covering generation, transmission, distribution, regulation and policy. Read More here

Africa oil week 2018 highlights key challenges and opportunities facing oil and gas sector in Africa
The first panel session on Economic Outlooks of the Africa Oil Week w addressed the challenges and opportunities the African oil and gas industry is currently facing. The session also highlighted how Africa can remain competitive in this global oil and gas landscape.Read more here

Outlook Africa oil and gas industry improves; PWC report
The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to be more cost-effective and efficient. Companies have adopted to a low-cost environment, which promises to be even more beneficial given the current recovering oil price. Read More here

Total and CNOOC strengthen long term cooperation in LNG
Total and CNOOC have signed an amendment to their existing sale and purchase agreement (SPA) for liquefied natural gas (LNG) supply to further strengthen their cooperation in the LNG business. The partners have increased the contract volume from 1 million tons per annum (Mtpa) to 1.5 Mtpa of LNG, sourced from Total’s global LNG portfolio, and have extended the term of contract to 20 years. Read More here 

Why are Tax Incentives so prevalent in the mining sector? Are they ever a good idea? IGFMining’s tax expert Alexandra Readhead answers all the questions in this interview. -Watch it here

The Raw Talks-moderated panel on Trust and Taxes from the IGFMining AGM is out now! A fascinating discussion on how to rebuild trust between actors, and in the mining tax system. watch full session here

Events

Upcoming Events

4th Africa Oil Governance Summit
The Africa Oil Governance Summit is an annual event that brings together stakeholders in Africa’s petroleum industry to deliberate on emerging governance issues in the sector. Instituted in 2015, the summit provides a unique platform where stakeholders in Africa’s petroleum industry share best practices on maximizing the benefits of resource extraction through efficient governance approaches. Follow up  here

Date:13th – 14th NOVEMBER 2018       Place: LABADI BEACH HOTEL CONFERENCE HALL, ACCRA

2nd Africa oil and gas local content conference and exhibition
With the aim of promoting local content in the 18-member oil and gas producing countries, Luanda will be host to the 2nd Africa Oil & Gas Local Content Conference and Exhibition from the 26 – 27 November 2018, in Angola. The conference is organized by the African Petroleum Producers Organization APPO, the Ministry of Mineral Resources and Petroleum of Angola and AME Trade Ltd. Follow up here

Date: 26th -27th November, 2018       Place: LUANDA, ANGOLA

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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