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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.
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 demand gap for edible oil in Tanzania?
Much of the demand gap is currently met by imported edible oil (60% across all edible oils, 55-70% for sunflower oil) (Salisali, 2017). The GoT wants to reduce Tanzania¡¯s dependence on imported edible oil by boosting domestic oil seed production and downstream oil processing capacity.
How can the got reduce Tanzania’s dependence on imported edible oil?
The GoT wants to reduce Tanzania¡¯s dependence on imported edible oil by boosting domestic oil seed production and downstream oil processing capacity. In 2016 the GoT implemented a 10% tariff on imports of CPO as one mechanism to support this objective, but stakeholder views on the merits of the tariff policy are mixed.