M a r k e t N e w s


Posted on : Wednesday , 1st May 2019

Endowed with untapped diverse energy sources including biomass, natural gas, hydropower, coal, geothermal, solar and wind power which are found in abundance in Tanzania. Out of the total energy supply Wood-fuel accounts for up to 92% hydro-electricity amounts for 2% and 7% is derived from oil products. The downstream oil industry is an important sector to the country’s economy that absorbs 55% of the country’s foreign exchange earnings on average. Nonetheless By exploiting indigenous resources the Government policies are directed at petroleum product substitution. Oil and gas exploration and production is also being encouraged in the upstream oil industry. Extensive gas fields have been identified off the coast at Songo Songo and Mnazi Bay and these are in the process of being developed.

The Petroleum (Exploration and Production) Act 1980 governed the upstream activities and the National Investment (Promotion and Protection) Act 1990 governed the downstream activities. The hydrocarbon industry is regulated by the Ministry for Energy and Minerals. Strong hydrocarbon potential shows in the upstream oil industry sector in Tanzania, with its oil seeps, seismic and other data. However, only 20 wildcat exploration and 8 development wells have been drilled in the 222,000 sq km area, and therefore Tanzania is not explored completely.

2 trillion cubic feet of natural gas reserves are the Current estimate available in Tanzania (tcf). In the Mnazi Bay area, with a view to substituting expensive imported petroleum fuels the World Bank and the government is working closely to develop the Songo Songo gas fields off the Southern Tanzanian coast. In the Dar es Salaam area the Songo Songo gas-to-electricity project will have a ready market of 17 potential industrial users of natural gas. The Energy Ministry of Tanzania collaborated with Ugandan energy experts to carry out exploration activities throughout various parts of Tanzania. 

They said that the Ministry has started cooperating with Uganda in the oil sector, to conduct oil exploration a joint team has been formed by the government and Uganda. Exploration was in progress n various parts of the country although Tanzania has not yet discovered oil was what He said.

Dr. Medard Kalemani, the Energy Minister of Tanzania, revealed the news at a recent workshop for the parliamentary committee on energy and minerals members. He said that the ministry has made a joint team to carry out the oil exploration. The government has formed a joint team with Uganda .The minister said that they have started cooperating with Uganda in the oil sector.

The oil exploration is in progress in various parts of the country He said that that the joint team will provide the Tanzanian experts with an opportunity to borrow experience from experts from Uganda. According to the minister, so far, Tanzania has discovered gas in the southern parts of the country. The talks continue between Tanzania and Uganda over the transportation of oil. The minister directed the parliamentary committee and emphasized on the construction of the Hoima-Tanga crude oil pipeline.  


Source : Bizmart
Featured Companies
  • Bajaj Auto
  • Tire Group International, LLC.
  • /
  • TITAN Containers A/S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  • Hevt Duty Machinery
  • Manufacturers & Exporters of hand tools, garden tools & leatheer tool pouches.
  • Dedicated to the Engineering Manufacturing Sector in India
  •  Magazine for Africa
  •  SS Gas Lab Asia is a reputed engineering company, engaged in manufacturing of carbon dioxide gas plants, hydrogen gas plants, nitrogen dioxide gas plants, CO2 storage tanks, CO2 transportation tankers and dry ice plants.
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  • Narrowtex is a fully integrated company with processes such as warping, weaving, knitting, dyeing, finishing, make-up and packaging
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  • Kenya Engineer is a Journal of the Institution of the Engineers of Kenya
  • VEGA Grieshaber KG is a world-leading supplier of level, switching and pressure instrumentation.
  • Lavorwash is a world-leader in manufacturing high pressure cleaners and vacuum cleaners for household and professional use.
  •  Unipro was born to transmit and give itís experience in trading high quality safety equipments ensuring high quality products under international standards required in the Oil and Gas, Mining, Construction, automotive, Steel and Chemical industries.
  • ISISAN is a core member of a group who employs, approx 2000 people and active in pipe manufacturing, furniture, machine made carpets, flour mill and animal feed production.
  • A world leading name in Heat Transfer Technology
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  •  The Western Group has been in business for over two decades and was set up primarily to service the Oil & Gas Industry Sectors.
  • Air Conditioning Hire
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • Manufacturer of heavy duty machinery
  • Used Machinery
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  •  Global Air Freight Solutions For Oil & Gas Shipments
  •  TITAN Containers is one of the largest privately owned companies supplying containers for a multitude of applications.
  • BITZER ranks among the leading manufacturers of refrigerant compressors.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2022 Afrotrade