Confidentiality clauses in Tanzania’s oil, gas agreements

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The call by the Tanzania Private Sector Foundation (TPSF) and other Tanzanian stakeholders that a special arrangement be put in place to enable Tanzanian individuals and groups overcome the challenges arising from huge capital and costly risks experienced in the oil and natural gas exploration industry is timely.

In My Book of Things, Tanzania stands an excellent chance of falling into the excruciating clutches of the hydra-headed monster commonly referred to as a ‘resource curse.’

The warning is contained in a final consultancy report on Evidence-based Research and Policy Review on Oil and Natural Gas Sector commissioned by the World Wide Fund for Nature (WWF Tanzania), which is implementing Oil for Development project.

Patheos (blog)
TANZANIA : Future dream team to negotiate oil and gas contracts
Africa Intelligence (subscription)
The chief secretary to the Tanzanian president, Ombeni Sefue, wants to set up a high-level team of negotiators to try to compensate for Tanzania's a lack of specialists in oil contracts and the inexperience of new staff at the Tanzania Petroleum Development ...
So, This is Tanzania…Patheos (blog)

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Top Tanzania officials arrested in row over oil, gas contracts
Thomson Reuters Foundation
Zitto Kabwe (L), chairman of Tanzania's parliamentary oversight committee on public accounts, gestures during a meeting with government officials, in October 2014. Photo by Kizito Makoye Shigela. Tweet · Recommend · Google + · LinkedIn · Email Print.

* Says finalising evaluation of bids

* Statoil, ExxonMobil, Gazprom among bidders

* Raises gas reserve estimates to 53.2 tcf from 46.5 tcf

By Fumbuka Ng'wanakilala

DAR ES SALAAM, Oct 17 (Reuters) - Tanzania is in final stages of evaluating bids for oil and gas blocks it offered in its latest bidding round and plans to pick the winners before the end of this year, its upstream regulator said on Friday.East Africa is a new hotspot in hydrocarbon exploration after substantial deposits of crude oil...