Tanzania Oil and Gas Law Market Briefing

Tanzania

The Oil & Gas Law Tanzania Market Briefing is scheduled for the 21 & 22 March in Tanzania.

As a result of recent offshore successes in Tanzania, the entire East Africa margin currently has the attention of the world’s new ventures teams, explorers and gas (LNG) buyers. With Gas reserves proven and additional acreage expected to come online in 2016.  The Tanzanian Government has taken some very swift steps in providing the legal and fiscal framework for the industry in the form of The Tanzania Extractive Industries (Transparency and Accountability) Bill 2015, The Oil and Gas Revenue Management Bill 2015 and The Petroleum Bill 2015.  Imminent announcements on local content policy underlying the non-citizens employment regulation is expected.