RE: Ham and Cheese3 May 2023 14:49
I thought this from the AR was very encouraging : )
"In Tanzania, we stand by last year's assessment of the country's significantly improved commercial and business climate. Moreover, we see the business climate continuing to improve. Specifically, the Tanzanian authorities appear fully committed to natural gas development and are making considerable efforts to accelerate natural gas production from Ruvuma. Moreover, the Tanzanian authorities, aware of their need to increase energy production to grow the country's economy, have embarked on further industrial development. These efforts include planning and constructing numerous facilities along existing gas delivery infrastructure directly connected to or near our Tanzanian assets which will increase local gas demand substantially in the short to medium term. In addition, discussions have been reported between Tanzanian Government officials and their counterparts in neighbouring countries exploring the possibility of securing a long-term gas supply from Tanzania, which will contribute to future gas demand in the East African region. These positive developments in the Tanzanian gas sector bode well for the commercialisation of our assets soon."