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Quote of the Month

Discussion in 'Habari na Hoja mchanganyiko' started by BAK, Nov 3, 2007.

  1. BAK

    BAK JF-Expert Member

    Nov 3, 2007
    Joined: Feb 11, 2007
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    "We were amazed the conditions are so generous. Nothing like that could happen in Norway. If a foreign company is lucky enough, it might get 10 per cent of revenue not the host country. I wonder how the host government in this case could have accepted such a poor production sharing agreement which is far from internationally-acceptable standards."

    ~Norwegian Erik Hagen when discussing about recently signed contract between Tanzania and his Norwegian Company StatoilHydro company.