Energy & Natural Resources
Local content requirements in Tanzania's petroleum sector
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What businesses should know in order to operate and grow in Tanzania
Tanzania’s economy is undergoing an unprecedented pace of growth and change. With a booming mining sector delivering gold, graphite, rare earths among other minerals, Tanzania is a true focus for major international mining companies. A Host Government Agreement for a $40 billion LNG plant will shortly be signed between Shell, Equinor, Exxon Mobil and Pavilion (the IoCs) and Government of Tanzania. These sectors, a peaceful and stable political environment together with major investments in ports, roads, airports and other infrastructure make Tanzania a key investment destination on the African convenient.
As the only fully-integrated international law firm in Tanzania, with an established local presence of over 12 years, we pride ourselves on being able to assist investors rise above the challenges of doing business in Tanzania.
We have created a hub of insightful content to help businesses keep up-to-date with the latest industry trends and evolving legal developments.
Managing Partner - Tanzania
Chair, Clyde & Co Africa Committee
peter.kasanda@clydeco.co.tz
+255 767 850 054
How the provisions of a contract are interpreted will depend on which country’s laws govern the agreement. The same clause may have different legal implications if the contract is governed by English law as it would under local law.
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