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Tanzania boosts energy investment efforts to drive economic growth
Photo: The Citizen
2026-07-10 17:57   Business   10

Tanzania boosts energy investment efforts to drive economic growth

Tanzania is enhancing its efforts to attract energy investments to fuel economic growth and development.At the Energy Forum during the 50th Dar es Salaam International Trade Fair, Petroleum Upstream Regulatory Authority (PURA) Director General, Mr Charles Sangweni, highlighted the country's commitment to creating an enabling environment for investors while ensuring petroleum and natural gas resources contribute to economic growth, industrialization, and energy security.

Progress on the Liquefied Natural Gas (LNG) project is ongoing, with expanded use of natural gas in electricity generation, industrial production, transport, and domestic consumption.Exploration activities continue to identify new oil and gas reserves, supporting Tanzania's energy sector.

The government emphasizes environmental protection, good governance, local content participation, and developing Tanzanian expertise to ensure long-term benefits for future generations.

President Samia Suluhu Hassan's leadership prioritizes clean energy and sustainable development, inviting investors and stakeholders to collaborate on unlocking the country's petroleum and natural gas potential.

Full reading at The Citizen

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