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Tanzania says will not revoke any oil and gas PSAs

Discussion in 'Jukwaa la Siasa' started by nngu007, Sep 19, 2012.

  1. nngu007

    nngu007 JF-Expert Member

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    Tue Sep 18, 2012 6:42pm GMT




    * Energy minister says PSAs will be respected
    * Tanzania drafting a new gas policy
    * East Africa a new hot spot in oil and gas exploration

    By Fumbuka Ng'wanakilala DAR ES SALAAM, Sept 18 (Reuters) - Tanzania will not revokeexisting oil and gas contracts, its energy minister said onTuesday, two days after he was widely reported in local mediasaying unfavourable deals would be scrapped. East Africa is a new hotspot in hydrocarbon explorationafter substantial deposits of crude oil were found in Uganda in2006 and major gas reserves were discovered in Tanzania andMozambique.

    Some of the world's biggest energy firms jostling for spacein the region are finding themselves negotiating withgovernments that are themselves learning how to negotiate energycontracts.

    Energy and Minerals Minister Sospeter Muhongo confirmed areview of all Production Sharing Agreements that had beenordered but said this was because east Africa's second biggesteconomy was preparing a new gas policy. "We are not trying to stop any business.

    We will not revokeany contract, we will respect all contracts," Muhongo toldReuters.

    There was no immediate reaction from the companies exploringin Tanzania, including Norway's Statoil, Ophir Energy and BG Group, which have all made significantoffshore natural gas discoveries offshore. Muhongo said the review was procedural.

    It was critical, hesaid, officials were familiar with the terms of old contracts toavoid making mistakes as they drew up new deals. Earlier this month, the state-run Tanzania PetroleumDevelopment Corporation (TPDC) delayed a licensing round fornine deep-sea oil and gas blocks previously set for this monthuntil a parliamentary vote on a new gas policy in October.

    "Right now as a country, we are in the gas boom and we don'thave gas policy in place. In June, Tanzania - which already uses some of its naturalgas to produce electricity and to power industry - nearlytripled its estimate of recoverable natural gas resources to upto 28.74 trillion cubic feet (tcf) from 10 trillion followingrecent major discoveries. Muhongo said he had been misquoted in Tanzania's local mediaover the weekend.

    "The review of the 26 existing contracts should not frightenanyone," the minister said. Recent gas strikes off east Africa's seaboard have led topredictions the region could become the third largest exporterof natural gas on the planet. Muhongo denied Tanzania was looking to shift the goal posts.

    "Our country is reviewing its policy. Is that somethingnew?" he said. "We want both the companies that are investing in thecountry and Tanzanians to benefit from the oil and gasprojects."

    The speed with which east African countries like Tanzaniaadapt to their newfound resources could determine whether theregion lives up to its reputation as the latest great oil andgas frontier, with big implications for global energy flows aswell as regional energy flows. "This is completely new business to us.

    We are learning,"Muhongo said.


    © Thomson Reuters 2012 All rights reserved
     
  2. nngu007

    nngu007 JF-Expert Member

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    Good, Dr Muhongo is not bad to review our INVESTMENT POLICIES... so that in a future will benefit all...
     
  3. Zitto

    Zitto MP Kigoma Urban

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    Sasa kama hakuna mkataba utakaovunjwa review ya nini? Review hiyo ikikuta mikataba mibaya itaiacha tu? Huyu Waziri wa CCM alikurupuka tu.

    Mikataba iwekwe wazi. Waziri aitundike mikataba yote kwenye tovuti ya Wizara. Transparency ndio itazuia mikataba mibovu kuandikwa.

    Juzi huyu Waziri kasema mikataba mibovu itavunjwa. Leo anasema hakuna mkataba utakaovunjwa. A flip flopper
     
  4. Zitto

    Zitto MP Kigoma Urban

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    It is bad to be a flip flopper.

    What we want is transparency of these contracts. sio leo unasema utavunja kesho unasema hautavunja unafanya review tu. Rubbish
     
  5. nngu007

    nngu007 JF-Expert Member

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    Here we go; you call anything rubbish...STAND UP AND LOOK WHERE YOU COME FROM? No Matter what he is doing he need

    support not to call it RUBBISH... Some of Our leaders most of their minds is to please their DAMN STOMACH's... At Least Dr.

    Muhongo is clear anachosema ndio anachotekeleza Sio WENGINE ni U-MIMI U-MIMI TU...
     
  6. MtamaMchungu

    MtamaMchungu JF-Expert Member

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    What's needed is to not publicly shout about this. We have the contracts, if we want to review them for the purpose of finding bad patches to learn from, we could have done it quietly. This is a war, saying what you are going to do just like that is handing the advantage to the other part.
     
  7. MtamaMchungu

    MtamaMchungu JF-Expert Member

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    Just out of curiosity, ni nchi gani duniani ina utaratibu wa kuweka mikataba in the open kama kwenye website etc?
     
  8. Zitto

    Zitto MP Kigoma Urban

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    Kuna ubaya sisi kuwa wa kwanza kufanya hili? Au lazima sisi tuige wengine tu?
     
  9. nngu007

    nngu007 JF-Expert Member

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    Nape, kwanini Usimwambie awe Transparency then ? Wote tuone hiyo MIKATABA ? Wewe as a shadow Minister hamuongei ?

    Inaonyesha there is no communications...
     
  10. Zitto

    Zitto MP Kigoma Urban

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    We shall not support a mere publicity stunt by a CCM Minister. What Tanzania needs is a radical shift on how we do our things. How many reviews have been done in Mining sector? Any significant change? Reviews are tactics za watawala kubuy time wananchi muone kuna jambo linafanywa kumbe hakuna lolote.

    Hujiulizi kwa nini jumapili alisema atavunja mikataba na jumanne anasema hatavunja mikataba? Alikurupuka. Anataka sifa tu. Hakuna lolote katika hili kutoka kwa Waziri yeyote wa CCM.
     
  11. Zitto

    Zitto MP Kigoma Urban

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    Angekuwa anasikia. Yeye anajua kila kitu
     
  12. nngu007

    nngu007 JF-Expert Member

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    You R dead right about CCM Ministers... But I believe this one can make a CHANGE, because has not yet being corrupted by CCM POLITICKING...

    The person is not a POLITICIAN maybe and bring some dignity and transparency to the MINISTRY and to the MINING SECTOR
     
  13. MtamaMchungu

    MtamaMchungu JF-Expert Member

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    Brother hizi ni commercial contracts, mimi sijasoma commerce and the like, but I know to some level they should be secretive. Lets be realistic, kampuni kama BP lets say, can they agree to expose their contracts to world just to please Tanzania? Wont they consider what they stand to lose in the long run?

    Something has to be done, we all agree. But total transparency, I doubt if it'll be the solution.
     
  14. Zitto

    Zitto MP Kigoma Urban

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    This guy was a chairman of STAMICO when it was being sold to Mkapa and Yona. He approved the sale. He has no record of reforming. He never used utaalamu wake to support reforms in the mining sector. He was actually a consultant to mining companies including sutton resources
     
  15. Manyi

    Manyi JF-Expert Member

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  16. Saint Ivuga

    Saint Ivuga JF-Expert Member

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    Zitto jibu swali la mtamamchungu hapo juu
     
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  17. Zitto

    Zitto MP Kigoma Urban

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    Hii mikataba ni mikataba kati ya Dola na Kampuni binafsi na sio kati ya kampuni na kampuni. Hivyo commercial terms hazipaswi kutumika maana one party to the contract is a sovereign state. Kabla sijaingia kwenye kamati ya Bomani niliamini hivyo kwamba hii mikataba ni siri. Nilipoishika nikaangalia kwanza kipengele cha usiri na sikukiona.

    Hii mikataba inapaswa kuwa wazi maana ni mikataba inayohusu rasilimali za nchi. Inapaswa kufanana kulingana na mazingira ya mkataba.

    Jambo la kufahamu ni kwamba, tofauti na mikataba ya madini ambapo 'mineral right' ni ya kampuni, mikataba ya gesi na mafuta 'rights' zinabakia kwa dola na kampuni za utafutaji na uchimbaji ni 'contractors' wa nchi. Baada ya kuondoa gharama za utafutaji na uchimbaji, mapato yote yanaobakia tunagawana kwa uwiano tuliokubaliana (Production sharing agreements). Ndio maana suala la ukaguzi wa gharama ni suala nyeti sana kwenye mikataba hii. Uwazi wa mikataba unaondoa rushwa na ufisadi. Uwazi unaondoa upendeleo kwa baadhi ya makampuni. Uwazi unatufanya tujue wahusika haswa wa makampuni haya ni kina nani?

    Hivi unajuaje kama CCM au kampuni zinazomilikiwa na CCM ni wanahisa kwenye baadhi ya kampuni za utafutaji kama ambavyo ANC inafanya huko South Africa? Ili kujua ni kuweka misingi ya uwazi. Tupiganie uwazi wa mikataba
     
  18. Zitto

    Zitto MP Kigoma Urban

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    Tayari
     
  19. t

    timbilimu JF-Expert Member

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    toka ameteuliwa kuongoza hiyo wizara nasikia hizi sifa kwamba ni msomi mzuri na si mwanasiasa,yeye ni mtendaji zaidi! binafsi itanichukua muda sana kuamini hizo sifa! huwa simwamini mwana CCM yeyote hasa inapofika muda wa maslahi mapana ya Taifa!
     
  20. MtamaMchungu

    MtamaMchungu JF-Expert Member

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    Nimekupata brother, so what is the sticking point? I know for sure kwamba hizi companies zitakuwa na interest with all the secrecy around the contracts, but ni nini wanachofaidi watanzania(viongozi) kwa kung'ang'ania usiri huu?? Au ndio mambo ya uswisi?
     
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