Dar es Salaam. Orca Energy Group Inc, a Toronto-listed gas development company from the British Virgin Islands, has filed a substantial $1.2 billion (Sh3.2 trillion) claim against the United Republic of Tanzania and the Tanzania Petroleum Development Corporation (TPDC).
This action, initiated by Orca’s wholly-owned subsidiaries PanAfrican Energy Tanzania (PAET) and Pan African Energy Corporation Mauritius (PAEM), highlights growing tensions over alleged breaches of contractual and investment treaty obligations.
