President Magufuli accused the companies of demanding a high percentage of the proceeds from the LNG, and said that the government would continue with its plan to develop the Stiegler’s Gorge project, which is expected to generate 2,100MW.
“Donors are opposing the project, asking why we are not using natural gas. But the International Oil Companies (IOCs) have taken over the natural gas… They take a high percentage of the proceeds because they participated in discovering the gas.
That is why the capacity of the pipeline the government built from southern Tanzania to Dar es Salaam is only 30 per cent. That is the game being played by the people who want to colonise us economically,” President Magufuli said.
He said that even if donors froze funding for the hydro project being developed on the River Rufiji, his government would implement it using its own revenues.
if tz exports even one gram of gas before 2030 call me Ng’ang’a. Tz needs to invest about 30 billion dollars before exporting gas, that’s 3 trillion shillings, mnasema deni ya kenya mnakosea .
if anyone puts up that kind of money, they would want to make it back fast before you see a dime. Magu na hiyo kiburi take atakiona.
Niliona kule JF wakijigamba ati Magu anaharass hawa investors from the west in mining and oil and they are still trooping back to sign deals with TZ govt.
or get none, Tz is competing with projects in Australia, Mozambique etc ran by the same companies but give better deals. Ni kama uende soko kuuza mboga ,going rate ni 30 Bob lakini we we unataka forty, utabaki hapo na mboga yako.