• 4 minutes Permian in for Prosperous and Bright Future
  • 7 minutes Amount of Oil Usage in the United States
  • 10 minutes America Could Go Fully Electric Right Now
  • 1 hour Something wicked this way comes
  • 1 min Kalifornistan, CO2, clueless politicians, climate hustle
  • 7 hours Tesla Battery Day (announcements on technology)
  • 33 mins JP Morgan Christyan Malek, report this Summer .. . We are at beginning of oil Super Cycle and will see $190 bbl Brent by 2025. LOL
  • 32 mins US after 4 more years of Trump?
  • 1 day Natural Gas Saves Southern California From Blackouts
  • 6 hours Why NG falling n crude up?
  • 13 hours Famine, Economic Collapse of China on the Horizon?
  • 20 hours .
  • 4 hours Ten Years of Plunging Solar Prices

Africa Energy Advisory

In this week’s Africa energy advisory we look at some key regulatory changes that will affect oil and gas exploration and production in emerging gas venues Tanzania and Mozambique, and East African emerging oil giant Angola.

Tanzania—Regulatory Caution

Investors and potential investors should be aware of the following regulatory developments in Tanzania’s gas industry as the country adapts to its new discoveries and attempts to handle gas differently than it handled mining—on trend with other African countries:

•    We are concerned about the regulatory trends in emerging gas player Tanzania, where a political debate regarding the scale of involvement of local companies is reaching its climax. Tanzania’s parliamentary standing committee on energy and minerals has challenged the government over the dominance of foreign companies in the production of natural gas. Not only are they challenging the dominance of foreign companies, but they are calling for measures to be taken to favor local companies.  This idea is gaining a fair amount of momentum.  The main impediment to more local involvement, however, remains the high cost of exploration, which makes it very difficult for local companies to compete.  The same figures are calling for the government to repossess mining sites awarded to foreign companies in cases where development has not proceeded as planned.

•    Tanzania…




Oilprice - The No. 1 Source for Oil & Energy News