Tanzania approved a series fiscal packages in relation to the Crude oil pipeline partnership with Uganda including; exemptions on transit fee, import tax, withholding tax and value added tax. Cabinet expects to table the approved proposals to the Tanzania National Assembly in January 2017 according to Daily News newspaper. The revelations were made by Tanzanian
Uganda, Tanzania Agree on Technical and Fiscal Framework of the Joint Pipeline Project
Energy officials from Uganda and Tanzania agreed on the technical and fiscal work plan in fast-tracking of the joint crude oil export pipeline project. The Joint Pipeline Development Committee (JPDC) and project steering committee from both countries met to in Tanzania to haggle and strike a common position on the project schedule and workout modalities
Tanzania Energy Minister Says gas Industry will be an “economic revolution” for the Country
Tanzania and its oil industry partners are to invest $30bn in a gas processing plant that will lead to an “economic revolution”, according to the country’s energy minister. Sospeter Muhongo, speaking to the Dar es Salaam Daily News, said the government had already embarked on the preliminary work and that Tanzanians should expect rapid growth