Open figure viewer
Significance
However, despite the significant publicity given to the deal by the government, it still falls short of an overarching host government agreement (HGA). The deadline for this has been postponed to December 2022, with 2025 the target for a final investment decision (FID).
Impacts
Delaying the FID beyond the 2025 polls would weaken Samia’s position in the ruling party; failure to close the deal would be more damaging.
A timely HGA would stimulate private and public investment in onshore infrastructure and services, which would increase further with a FID.
The FID will ensure further offshore and onshore exploration, increasing the importance of the Tanzania Petroleum Development Corporation.
Keywords:
Tanzania,
AF,
economy,
industry,
international relations,
politics,
social,
energy,
foreign investment,
foreign policy,
gas,
government,
infrastructure,
legislation,
natural resources,
party,
policy,
reform,
talks,
Fossil fuels
© Oxford Analytica 2022. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2022
You do not currently have access to this content.
