Petro-governance in Tanzania: opportunities and challenges

Petro-governance in Tanzania: opportunities and challenges

Recent significant natural gas discoveries have pushed Tanzania into the international spotlight as a new petroleum producer. How can the country ensure that its newfound wealth is translated into economic development? Much depend on the way in which the petroleum resources are governed by the country’s new petroleum legislative framework. In this brief, we review the most important provisions of the new legislative framework, and argue that gaps and conflicts within and across laws must be resolved to ensure that Tanzania’s petroleum riches become a blessing rather than a curse.

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