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Tanzania finalises land deal for delayed LNG project

BG Group, being acquired by Royal Dutch Shell, along with Statoil, Exxon Mobil and Ophir Energy plan to build the onshore LNG export terminal in partnership with the state-run Tanzania Petroleum Development Corporation (TPDC). They aim to start it up in the early 2020s. But their final investment decision has in part been held up by delays in finalising issues related to the site.

Tanzania said on Friday it had finalised a land acquisition for the site of a planned liquefied natural gas (LNG) plant and was now working to compensate and resettle villagers to move forward on a long-delayed project.

Tanzania finalises land deal for delayed LNG plot 29-01-16

Exploring inclusive development in East Africa

 

500On 11-12th of November, Dr. Abel Kinyondo (REPOA) and Mr. Fred Matola  (National Bureau of Statistic) represented the Tanzania as a future petro-state research programme at a regional dialogue meeting in Entebbe, Uganda. The dialogue sought to explore the potential of achieving inclusive development in the East African region in the face of recent oil and gas discoveries. Discussions focused on the governance of oil and gas sector and examined political, legal and regulatory frameworks as well as civil society initiatives in respect to management and utilization of revenue for the benefits of all citizens. The workshop brought together participants from Tanzania, Uganda, Kenya, Botswana, Ghana, Nigeria, and South Sudan. The event was sponsored by FES, Uganda.

Tanzania’s New Regime On Oil And Gas Laws – Legal Analysis By Breakthrough Attorneys

In this artibreakthrough-attorneys-tanzania-250x250cle Tanzanian law firm Breakthrough Attorneys offers an extensive analysis of Tanzania’s new Oil And Gas legal framework, with the recently entacted Petroleum Act 2015.                                 

Undoubtedly, the future economy of Tanzania depends on extractive industry as means of economic expansion being both a usable resource as well as a commodity for international trade and finance.

Together, oil and natural gas may bring Tanzania unprecedented mobility, help generate electricity, and are used to produce everything from agriculture fertilizers to synthetic clothing to product packaging and countless other items.

For a full article click here

Artisanal mining in Tanzania

Dr Donald Mmari doing an interview with BBC
Dr Donald Mmari doing an interview with BBC

Dr Donald Mmari had an opportunity to comment on BBC on how Tanzania could soon be  entering into a new Fairtrade deal to sell gold to the UK — the first of its kind in Africa.

The BBC reporter  Tulanana Bohela said that Tanzania’s  hope is that Fairtrade standards will help break the cycle of poverty in the country’s richest region and Dr. Mmari had to give his views on the  impact of the fairtrade on  the local gold brokers.

“Could it force them out of business? Is Fairtrade really a win-win deal? how sustainable is it considering the dominance of large mining companies”? Asked the reporter and below is the link to the programme clip;

http://bbc.in/1NqcgmM

More on fairtrade;

http://www.fairtrade.org.uk/gold

http://www.msn.com/en-gb/video/watch/nsangano-tanzanias-first-fairtrade-gold-mine/vp-BBloh0Q

Tanzania National Assembly endorsed the Petroleum Bill 2015.

MPs congratulate (from left) Energy and Minerals minister George Simbachawene, Attorney General George Masaju and deputy ministers Charles Kitwanga and Charles Mwijage after Parliament passed the Oil and Gas Revenue Management Bill, 2015 in Dodoma. PHOTO | EMMANUEL HERMAN
MPs congratulate (from left) Energy and Minerals minister George Simbachawene, Attorney General George Masaju and deputy ministers Charles Kitwanga and Charles Mwijage after Parliament passed the Oil and Gas Revenue Management Bill, 2015 in Dodoma. PHOTO | EMMANUEL HERMAN

On July 5th, 2015, the Tanzania National Assembly endorsed the Petroleum Bill 2015.

Continue reading Tanzania National Assembly endorsed the Petroleum Bill 2015.