During the 3rd East Africa Oil and Gas Summit held in Tanzania at the end of last month , it was revealed by the Tanzania Petroleum Development Corporation’s  acting Director of Exploration and Production, Dr Emma Msaky, that the country is expected to start commercializing gas products by 2020.  Msaky also added that once commercialization starts, … Continue reading

Specialised petro-chemical zone for Mtwara, Tanzania

The Tanzanian government is in the final stages of creating a specialized industrial zone for petro- chemical industries in the southern region of Mtwara. Meanwhille Huchems Fine Chemical Corporation and Gro Energy of Malaysia and Infotech Investments of Tanzania have already signed a $800 million dollar agreement to utilise Tanzania’s natural gas for ammonia fertiliser … Continue reading

UAE looks at promising opportunities for Trade and Investment in Tanzania

A delegation of 50 investors from the United Arab Emirates focussed on  trade and investment have expressed interest in oil and gas discoveries and other promising sectors in Tanzania. In return they can look forward to ease of facilitation and significant investment incentives, coupled with a favorable economic environment  and a flexible legislative framework from … Continue reading

Tanga Special Economic Zone to boost Economic Development

The Tanga Special Economic Zone project initiated by Tanga Economic Corridor Limited will be inaugurated by President Jakaya Mrisho Kikwete tomorrow and is expected to boost economic development in the region and country in general. This public private partnership initiative is between Tanga City Council with 49 percent of the shares and Good PM Group, … Continue reading