Tanzania is working on policies that will make it easier for investors to put money into the oil and natural gas sector.
Petroleum Commissioner Goodluck Shirima said these policies will help bring in the funding needed to run the sector smoothly.
Speaking at the East African Petroleum Conference and Exhibition (EAPCE’25) in Dar es Salaam, Commissioner Shirima emphasized the need for clear and fair agreements between the government and investors.
He explained that banks and financial institutions are ready to support oil and gas projects, and the government's role is to create a stable and predictable business environment through good policies and laws.
He also highlighted improvements in Tanzania’s oil sector, saying fuel is now available at stable prices. To further cut costs for consumers, the government has ensured that offloading charges at all ports are the same.
The government is also working on big projects to improve oil and gas transportation. Shirima said Tanzania and Zambia are discussing plans to build a new oil pipeline that will supply fuel to towns along its route, including Morogoro, Njombe, and Mbeya.
Similarly, Tanzania and Uganda are in talks to construct a pipeline that will carry refined oil from Tanzania to Uganda, as well as a gas pipeline to supply gas to different areas along its path.
Shirima assured that these projects will be carried out efficiently under the leadership of President Dr. Samia Suluhu Hassan and Deputy Prime Minister and Minister of Energy, Dr. Doto Biteko.
Meanwhile, the Chairperson of the conference’s organizing committee, Engineer Joyce Kisamo from the Ministry of Energy, said the event brought together top leaders, including ministers, permanent secretaries, and energy experts from six East African countries.