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3.8p

https://www.oedigital.com/news/462354-tanzania-offshore-puts-off-potential-suitors

Hope that works?

Apologies if been posted before,

With the new regulations in place, oil and gas exploration and production operating in Tanzania have now to restructure their system of procuring goods and services including those touching on banking, financial, insurance and legal.

The new local content requirements despite being a common practice among many oil and gas producers in the developing countries could pose a major hurdle when it come to crafting and implementing exploration and production contracts.

Tanzania's case is not made any better by the numerous state agencies involved in regulating the oil and gas sector in one way or the other. It is estimated that at least nine government agencies and companies have a direct role in the regulation of the country's oil and gas sector. Several other peripheral agencies listed under the ministries of Energy & Minerals and also Home Affairs that deals with immigration issues for staff working for international oil companies, are said to have a direct or indirect say on Tanzaia's emerging gas exploration and production segment.

How Tanzania's planned second quarter 2019 offshore licensing round turns out will largely depend on how this East African government responds to concerns about the stifling effect of its hydrocarbons regulations on the country's gas exploration and production operations.

Surely something must be close on the income front, otherwise this is just another drain. It's like being a member of the EU, being an AEX share holder, us mere mortals keep hanging on for a positive, whilst others are feasting on fine food and expensive wine.

Shakes head or fingers crossed, I'm not sure anymore......