Oil and Gas in Tanzania

Meet the Founder ofTanzaniaPetroleum DevelopmentCorporation (TPDC) as he takes you on a journey through his careerintheoilandgassector, and how important events and warsintheindustry impactedTanzaniainthe 1970s. He describes the actual events on the field, the challenges faced from the founding of TPDC to the beginning of explorationinTanzania, the global trans- formation ofoilandgasinreal time, how it was dealt with, and how theTanzanian economy has benefited greatly from thegasdiscovered during his tenure. Mr. Barongo presents an honest account of why various actions were made despite the fact that the outcome was unpredictable. The government trusted him and his strong team because of their faith, confidence, and belief, and they were left alone to make the vital decisions that led toTanzania'soilandgasboom. Since then,Tanzaniahas attracted a slew ofinvestors looking to engageinoilandgas,including the current Liquefied NaturalGas(LNG) project, which is valued at $30 billion.