Tanzania to renegotiate natural gas contracts

 

In Summary

• The government has hinted at a fresh round of talks with potential natural gas investors at the end of an ongoing process to review Production Sharing Agreements (PSA).
• A senior government official told The Citizen that the review exercise started two months ago.
• Tanzania is seeking to scrap sections it deems tilted against it, hence denying earnings to the country.
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  By Kelvin Matandiko @TheCitizenTZ news@tz.nationmedia.com

The government has hinted at a fresh round of talks with potential natural gas investors at the end of an ongoing process to review Production Sharing Agreements (PSA).