Tanzania’s gas debate: precursor to development or policy paralysis?
Issue 257 - 28 Jun 2013
US President Barack Obama was expected to make headline-grabbing announcements on the Tanzanian phase of his first extended trip to Africa, which started on 26 June. Of more long-term consequence is the great debate that rumbles on over how Tanzania should use its offshore reserves, now estimated at 150tcf of natural gas. International oil companies (IOCs), other potential investors and their advisers are expressing great frustration at the slow pace of decision-making, while Tanzanian policymakers say more time is needed to make momentous decisions for the economy and society.
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