How to enjoy gas economy

Most Tanzanians are optimistic about the future of oil and gas but some are worried that the government and the rich will benefit the most, a survey shows.

Tanzania should set up a unit for examining local companies and linking them with multinational corporations, an expert says.

Recent discoveries of natural gas off the coast of Tanzania have led to a projection that Tanzania could become a major producer of natural gas in a decade. This fact now sees various local, national and multinational companies committing billions of dollars foe exploration in this lucrative resource.

>Former Chief Secretary, Dr Matern Lumbanga, has asked planners to put measures in place that will help Tanzanians to harness the benefits of natural gas.

 In anticipation of an imminent discovery of commercially viable natural gas, Tanzania Trade Development Authority (Tantrade) is organizing a seminar that will enable locals to exploit opportunities availed by the sector.

Tanzania’s natural gas discoveries are not an automatic end to the country’s economic woes, an economist has warned.

There is no guarantee that the gas economy would lessen Tanzania’s debt burden because it is not the only solution to the country’s economic woes, according to experts.

>Tanzania maintained its place as one of 20 fastest growing economies in the world with its average growth rate of 6.9 per cent between 2005 and last calendar year, it has been reported.

LAKE GAS LTD - One of Tanzania’s fastest growing Marketing company, engaged in the importation and distribution of Liquefied Petroleum Gas (LPG), launched an innovative product – “COMPOSITE CYLINDERS” - the first of its kind in Tanzania.
In Tanzania, the usage of Metal cylinders has been the most prevalent up to now; henceforth a discerning consumer shall have a choice as to what type of cylinder best suits their family.
“This composite cylinder have very unique features, they are non...