Search results
Results from the WOW.Com Content Network
The country is actively enhancing its energy mix, primarily relying on natural gas for more than half of its electricity generation and significant contributions from hydropower, with oil primarily used for backup power. [2] Tanzania has a wide range of energy resources in abundance, which are not yet fully exploited.
Tanzania has proven natural gas reserves of 57 trillion cubic feet, [5] with at least 49.5 trillion cubic feet of those reserves far offshore in the Indian Ocean. [6] The government of Tanzania through the Tanzania Petroleum Development Corporation, in partnership with the BG Group (a division of Shell), Equinor, ExxonMobil, and Ophir Energy, plans to build an onshore liquefied natural gas ...
The law defines means of exploiting, protecting, and developing such wealth in the interests of the state, its security, and economy." [104] Energy taxes are also specifically allowed; Article 20 of the basic law states, "Taxes and fees are to be imposed on a basis of justice and only when the need for them arises. Imposition, amendment ...
The previous rate of 12.5% paid by oil and gas companies for federal drilling rights had remained unchan. ... in accordance with the sweeping climate law approved by Congress last year. The ...
The two countries agreed in 2016, to jointly develop the 1,450 kilometres (900 mi) East African Crude Oil Pipeline to bring land-locked Uganda's crude oil to the Tanzanian coast for export. [8] In August 2018, the Uganda Minister of Energy, Irene Muloni , stated that the country was in direct talks with the Tanzanian government, regarding the ...
Oil, Gas and Energy Law (OGEL) is a peer-reviewed academic journal covering all aspects of law pertaining to oil, gas, and energy in general. [1] It publishes short comments, scholarly articles, opinion pieces, and book reviews. [2] The journal was established in 2003 and is published by Maris BV. [3]
About 10% of the nation's oil and gas comes from drilling on federally owned land. An oil and gas industry trade group warned that higher costs to extract fuels from federal lands could boost U.S ...
[1] In order to diversify the national energy pool, and to take advantage of the vast natural gas resources onshore and offshore in the Mtwara and Lindi regions, a natural gas pipeline was designed and constructed, to deliver the natural gas to Dar es Salaam for use in power generation, industrial applications, household cooking and in ...