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Sep 9, 2012

"OIL AND GAS IN TANZANIA: BUILDING FOR A SUSTAINABLE FUTURE"

Zitto Kabwe
A call for a moratorium on new offshore exploration.
Tanzania is on the precipice of an economic evolution with the recent discoveries of gas. We have now confirmed reserves of 43 Trillion Cubic feet (TCF), roughly valued at USD 430bn[i]. Plans for LNG production are moving ahead of schedule. As a result there will be considerable new gas resources available for power generation and other needs for our economy and people including domestic use, petrochemical industries and fertilizer plants..MORE

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