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    IPP Media: Experts Poke Holes in Oil, Gas Act - Tanzania

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Summary

A forum of experts has expressed concerns about loopholes in Tanzania's new Oil and Gas Revenue Management Act in Dar es Salaan

by: Erica Mills

Posted in:

Press Notes, Africa

IPP Media: Experts Poke Holes in Oil, Gas Act - Tanzania

Experts have raised concern over the Oil and Gas Revenue Management Act, 2015, hardly a month following its passage amid brawls that led to suspension of a parliamentary faction bitterly opposed to debate the bill, citing loopholes that allegedly called for serious contemplation. 

The legal experts from the Policy Forum who met yesterday for a roundtable discussion in Dar es Salaam said the loopholes have driven the law to a long distance away from the public whose interests the law claims to protect. 
 
“There’s no section in the law that gives a hint over how oil and gas revenues will go back to the local communities,” said Adam Sembuche, a forum participant. 
 
Read the full article HERE.