Oil and Gas in Tanzania

Meet the Founder of Tanzania Petroleum Development Corporation (TPDC) as he takes you on a journey through his career in the oil and gas sector, and how important events and wars in the industry impacted Tanzania in the 1970s. He describes the actual events on the field, the challenges faced from the founding of TPDC to the beginning of exploration in Tanzania, the global trans- formation of oil and gas in real time, how it was dealt with, and how the Tanzanian economy has benefited greatly from the gas discovered 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 to Tanzania's oil and gas boom. Since then, Tanzania has attracted a slew of investors looking to engage in oil and gas, including the current Liquefied Natural Gas (LNG) project, which is valued at $30 billion.