The Tanzania Petroleum Development Corporation (TPDC) is the National Oil Company in Tanzania, which the government uses to carry out its petroleum exploration and development policies.
How much does Tanzania spend on importing cooking oil?
Tanzania spends around $80 million per year on importing assorted cooking oil brands from countries such as Malaysia and Indonesia, as well as from some neighbouring countries. The forces of demand and supply have been sending prices up and down in the local market dominated by imports.
Is there a cooking oil shortage in Tanzania?
Possible cooking oil shortages in Tanzania. Dar es Salaam ¡ª Tanzania imports nearly 50 per cent of its edible oil despite the potential the country has in produce some oilseeds. The nation grows groundnuts, sunflower, sesame, cotton and palm oil but the country’s edible oil is dominated by imported palm oil.
What is the oil and gas industry in Tanzania?
The oil and gas industry in Tanzania is a blooming industry due to the fact that there is a ready market as well as large discoveries of oil and gas reserves both onshore and offshore. Gas in Tanzania was discovered in 1974 in Songo Songo area in Lindi, then in Mtwara, Pwani and Kiliwani area in Lindi.