Dar es Salaam. The government has said it is intensifying its drive to attract foreign investment in the oil and gas sector, citing the high costs, substantial risks, and time-sensitive global energy trends as key reasons for outsourcing capital-intensive exploration activities.
Speaking during a briefing with editors on May 19, 2025 the director general of the Petroleum Upstream Regulatory Authority (PURA), Mr Charles Sangweni, said preparations are underway for Tanzania’s fifth licensing round for oil and gas exploration blocks that seeks to attract oil and gas multinational into the Tanzanian exploration scene.
