Tag Archives: natural resources

Chart of the week #15: Getting a good deal from natural gas?

Kipanya in Mwananchi, June 2014

Expectations: Kipanya in Mwananchi, June 2014

Natural gas is a game changer in Tanzania, both economically and politically. The latest reports suggest that there may be as much as 51 trillion cubic feet available, not huge by global standards, but enough to have raised expectations sky high – see cartoon. The public and policy makers are excited, and it’s already having significant effects on both local and national politics.

Zitto Kabwe wrote recently:

“One Minister stated in the Parliament that “with the natural gas reserves Tanzania has, poverty will be history”. How I wish it was that simple! A plus and minus equation. Unfortunately the reality is opposite. There are chains of evidence that resources, due to many factors engraved within a ‘lesser’ leader, may lead to curse.”

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