Petrostate Blog for the Period of 3 December 2018 to 16 December 2018

Research

Petro Factbook 2018


This booklet contains facts about the Tanzania petroleum industry and can be a useful source of information about gas extraction and other petroleum-related activities.
The book gives an overall presentation of the Energy sector and petroleum in particular at a glance, operating companies and institutions in the petroleum industry also highlight key legislative frameworks governing the Tanzanian petroleum industry, It further provides a glossary of terms used in the petroleum sector in general. Read more
Energy security, transnational politics, and renewable electricity exports in Australia and South east Asia
This paper seeks to identify potential energy security risks and opportunities of new renewable energy (RE) export projects such as transnational solar generated electricity. An energy security framework/index is sought, to facilitate analysis; and which shows promise for application to other electricity/RE export projects. Read More here

Fake It till You Make It Nations and Bling Bling Economics: Debt, Dictatorship and Underdevelopment
This article examines how Once upon a time, financial recklessness was the preserve of resource-rich nations. Now, resource-poor African nations, their thoughtless leaders seduced into taking printed money circulated by the US Federal Reserve after the global financial crisis a decade ago, have become the new sultanates of debt distress. Read more here

When it comes to energy, big is beautiful 
This article explains how it is important to convince policymakers to help poor countries achieve the high-energy future they need to become prosperous.  Household solar panels won’t get the job done. Big wind  and solar farms, natural gas plants, hydroelectric dams, geothermal plants and, perhaps, nuclear power will be required. Even if that means — dare we say it? — taking a small step backwards in the battle against climate change.Read more here
In The News
Norway, Tanzania Strike Sh25bn Deal
The government of Norway has pledged to give the government Sh25 billion to bolster the capacity of the Tanzania Revenue Authority (TRA) to collect revenues from domestic sources.
Speaking on Tuesday after the official launch of the ceremony for Tanzanians who were trained in Norway, the visiting Norwegian minister for International Development, Mr Nikolai Astrup, said the programme was agreed during their meeting with the deputy minister for Finance and Economic Affairs, Dr Ashatu Kijaji. Read more here

Companies want Uganda refinery delayed to 2026
One-and-half years since Uganda and Tanzania signed an intergovernmental agreement for the East African Crude Oil pipeline – the start of what was supposed to be a smooth process to signing off other crucial documents such as the Host Agreement and the Final Investment Decision – the three main oil companies in Uganda say many of the critical numbers that should inform their decision of whether to put money on the table don’t make much business sense.Read more hereNorway’s Equinor to start talks with Tanzania over LNG project
Norway’s Equinor is ready to start talks with Tanzania on developing a liquefied natural gas (LNG) project based on a deepwater offshore discovery, the company said on Tuesday. Tanzanian President John Magufuli has asked his government to proceed with negotiations to set out the commercial and fiscal framework for the LNG project, Equinor, a majority state-owned energy company formerly known as Statoil, said. Read more here

Qatar to Leave OPEC as Politics Finally Rupture Oil Cartel
Qatar said it will leave OPEC next month, a rare example of the toxic politics of the Middle East rupturing a group that had held together for decades through war and sanctions.
Qatar, a member since 1961, is leaving to focus on its liquefied natural gas production, Energy Minister Saad Sherida Al-Kaabi told a news conference in Doha. Read more here

Tanzania vows to protect national interests in Uganda-Tanzania Crude Oil Pipeline
Energy ministers from Uganda and Tanzania met in Dar es Salaam and resolved key issues regarding the Uganda-Tanzania Crude Oil Pipeline (UTCOP). Read more here

Tanzania-Uganda oil pipeline project faces delays
An initial plan for Tanzania and Uganda to have first oil flow in 2020 through the Uganda-Tanzania Crude Oil Pipe Line (UTCOP) is under threat as investors have been delaying to make final investment decisions.Read more here

Mengi plans to invest $30m in oil, gas prospector Swala
Tanzania Energy Ltd owned by businessman Reginald Mengi has agreed with Swala Oil and Gas Tanzania PLC for the former to invest $30 million that will be converted into equity. After conversion, Mr Mengi’s Tanzania Energy Ltd will own approximately 46 per cent of Swala, according to a statement issued by Swala.Read more here

Uganda invites new oil exploration bids
Ahead of the second competitive round for exploration licences in 2019, Uganda is lobbying for investors in its Albertine fields to prospect for oil.State Minister for Energy and Mineral Development, Peter Lokeris, told international oil firms, financing groups, oil lawyers and consultants gathered in Juba on November 21 that Uganda is an attractive destination for oil investments.Read more here

Qatar Petroleum signs an exploration agreement into Mozambique
Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the Republic of Mozambique.Once the acquisition is approved the various partners composing the consortium will be made up of affiliates of each of ExxonMobil (operator) with a 50% participating interest, Empresa Nacional de Hidrocarbonetos (ENH) with a 20% participating interest, Rosneft with a 20% participating interest, and Qatar Petroleum with a 10% participating interest. Read more here

Events

Upcoming Event

7th Annual Executive Training on Extractive Industries and Sustainable Development.

This comprehensive course is designed to equip participants with the necessary skills to promote the responsible development of the extractive industries sector in resource-rich developing countries,designed for public sector officials and civil society representatives from resource-rich developing countries, whose responsibilities relate to the development or management of the extractive industries sector.  applications are on a rolling basis until the February 4, 2019 deadline. If you are interested in participating in the training or know of qualified candidates, visit the training website for the application materials and additional details about the program, including pricing.

Date: June 3-14, 2019     Place: Columbia University   Deadline: 4th February 2019

REPOA’s  24th Annual Research Workshop
Theme: Local Economic Development: Unpacking potentials for accelerated transformation of Tanzania

Date: April, 2019     Place: Dar es Salaam

Past Event

EST Annual Congress 2018

The 2018 Annual congress of the Economic Society of Tanzania was held on the 7th and 8th December 2018 at the Bank of Tanzania in Dar es Salaam with the theme “Industrialization for Inclusive Development in Tanzania”. The congress was officiated by Hon. Deputy Minister for Finance and Planning Dr. Ashatu Kijaji (MP)”. To enrich the discussions, historical trends in Tanzania were shared by Prof. Wangwe, global trends by Prof. Finn Tarp of UNU-WIDER and experience from Vietnam was shared by Dr. Le Dang Doanh. Parallel session covered issues on one hand Financing Industrialization and the other on Common External Tariffs (CET)

A summary of discussions can be accessed here and more information can be accessedhere.

Date: 7th – 8th DECEMBER 2018       Place: BANK OF TANZANIA, DAR ES SALAAM

Thank you for being with us in 2018. See you all in 2019.

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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