FT: Tanzania faces delays to export natural gas
Tanzania’s hopes of becoming an exporter of natural gas face fresh delays after the country’s opposition refused to participate in further talks to rewrite the constitution.
The constitutional review, which campaigners have likened to a “small revolution”, is key to Royal Dutch Shell’s hopes of searching for hydrocarbons in Tanzania’s Zanzibar archipelago.
Other international energy companies, including ExxonMobil of the US, Norway’s Statoil and London-listed BG Group and Ophir, are also waiting for legislation held up by the constitutional proceedings before pushing ahead with multibillion-dollar investments to develop the country’s substantial gas discoveries.
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