3 Bills re Mining and Oil and Gas

On 29 June 2017 the Government submitted the 3 Bills to the National Assembly under a Certificate of Urgency: Natural Wealth and Resources Contracts (Review and Re-Negotiation of Unconscionable Terms) Bill 2017 (NWRCR) Natural Wealth and Resources (Permanent Sovereignty) Bill 2017 (NWR) Written Laws (Miscellaneous Amendments) Bill 2017 A public hearing by the Parliamentary Committee will be … Read more

New Head of TIC

State House has announced that Geoffrey Idelphonce Mwambe has been appointed as the new Executive Director of Tanzania Investment Centre (TIC). We understand that from June 2016 Mr Mwambe was District Commissioner for Manyoni District in Singida Region and before that Director of Trade, Investment and Productive Sectors at the Ministry of Foreign Affairs and East … Read more

Petroleum (Natural Gas Pricing) Regulations 2016

Petroleum (Natural Gas Pricing) Regulations 2016 apply in Mainland Tanzania and govern pricing of natural gas for domestic and cross border markets. The pricing of natural gas, in addition to the best international natural gas pricing practices, will take into consideration: investment and operations costs for natural gas exploration, appraisal, field development, plus a fair … Read more