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    Reuters: Tanzanian Lawmakers Pass Disputed Petroleum Bill

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Summary

Tanzania has passed the controversial 2015 Petroleum Bill into law despite debate from the parliament that forced its session to shut down early on Friday

by: Erica Mills

Posted in:

Press Notes, Africa

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Reuters: Tanzanian Lawmakers Pass Disputed Petroleum Bill

Tanzania's parliament on Sunday approved a legal and regulatory framework for developing its nascent hydrocarbons industry, after days of contentious debate.

East Africa has become a new oil and gas frontier after a string of discoveries that producers hope to exploit to supply energy-hungry Asian markets.

Tanzania estimates it has more than 55 trillion cubic feet of natural gas but has yet to make oil discoveries.

Read the full article HERE.

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