East African BusinessWeek: Tanzania to Ink Local Content Gas Policy

The government of Tanzania through its Ministry of Energy and Minerals has assured oil and gas stakeholders especially those engaged in Small and Medium Enterprises (SMEs) that the Local Content Policy (LCP) is in its final stages before being implemented.

Neema Lugangira Apson, a Senior Supplies Officer in the ministry responsible for Local Content (LC) said in Dar es Salaam last week that once the merging of the National Energy Policy 2015 (NEP) is completed, the ministry will start the distribution of the same and that all policies related to the energy sector will now be compressed in one document instead of having numerous documents.

“In May 2015, LCP in Oil and Gas was Passed by the Cabinet Currently, the Ministry of Energy and Minerals is in the final stages of combining four assed policies into one policy including the LCP 2015) National Energy Policy (NEP) 2015 he Ministry is committed to work with all stakeholders in ensuring that the LCP in Tanzania will be successfully implemented and achieve the intended results,” she emphasized.

Apson who was speaking at the seminar on the opportunities available in the oil and gas industry for SMEs said that LC related matters have been included in the new Petroleum Bill known as the Oil & Gas Act to ensure immediate implementation of the same. MORE