Tanzania: Local Content Policy for Gas in Offing

The stand alone policy is expected to be independent of the natural gas policy guiding the sector and will give consideration to Tanzanian independent operators in the awarding of oil blocks, oil field licences and how operators can work with existing giant multinational companies in the oil and gas industry.

Government's move comes as speculators are aggressively interested in the oil and gas industry and to encourage entrepreneurs to participate in the petroleum industry so that petrodollars trickle down.

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