Tanzania’s newly approved Natural Gas Policy makes clear that the government prioritizes domestic supply of Natural Gas over LNG exports, which have been the focus of much media attention.
As gas discovery after spectacular gas discovery has been made offshore Tanzania in the last three years, global attention has focused on news that this was going to be a new export hub. Their Indian Ocean location supposedly makes the Tanzanian and Mozambican gas resources highly competitive for the Asian gas market. The Tanzanian Government itself claims that the country has about 43 Trillion Cubic Feet of Gas Reserves.
In the new policy, however, the Tanzanian Government “envisages coordinated utilization of gas on the basis of a National Gas Utilization Master Plan, and that to the extent possible, detailed technical and economic analysis should guide selection of the best project for implementation that will address mutual interest of investors and the Nation. The Government, through its entities, intends to participate in the selected investment projects including GTL and LNG value chain”.
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