Misplaced Pages

Tanzania Petroleum Development Corporation

Company type	Parastatal
Industry	Petroleum and Natural gas
Founded	30 May 1969 (1969-05-30)
Headquarters	Dar es Salaam, Tanzania
Key people	Mussa M. Makame (MD)
Owner	Tanzanian Government (100%)
Number of employees	400
Subsidiaries	Tanoil Gasco
Website	tpdc.co.tz

The Tanzania Petroleum Development Corporation (Swahili: Shirika la Maendeleo ya Petroli Tanzania) is the national oil company of Tanzania and owner of all licenses for energy development in the country. The company was established through the Government Notice No.140 of 30 May 1969 under the Public Corporations Act No.17 of 1969. The Corporation began operations in 1973. It is a wholly owned Government parastatal, with all its shares held by the Treasurer Registrar. In the summer of 2015, the Parliament of Tanzania passed three legislative Acts dealing with energy and directly impacting the company: the Petroleum Act 2015, the Tanzania Extractive Industry (Transparency and Accountability) Act 2015, and the Oil and Gas Revenues Management Act 2015.

According to The Economist, "Estimates put the country’s reserves at a little over 50 trillion cubic feet of gas, a figure the government thinks may double as additional exploration wells are drilled, making them potentially a considerable potential source of revenue."

References

1. Sam Moyo; Michael Sill; et al. (1 April 1999). Energy policy and planning in Southern Africa. SARIPS of SAPES Trust, Regional Office. ISBN 978-1-77905-096-0.
2. "EY Global Tax Alert: Tanzania enacts legislation impacting the oil and gas industry" (PDF). Ernst & Young. Retrieved 7 January 2016.
3. "Tanzania's troubles over gas revenue Sharing the spoils". The Economist. 2014-09-09. Retrieved 7 January 2016.

v t e Tanzania articles
History	Timeline German East Africa Maji Maji Rebellion East African Campaign (World War I) British rule Tanganyika Sultanate of Zanzibar Zanzibar slave trade Zanzibar Revolution Arusha Declaration Ujamaa Uganda–Tanzania War COVID-19 pandemic
Geography	Cities Districts Islands Lakes National Parks Regions Rivers Volcanoes Wildlife
Politics	Cabinet Constitution Corruption Courts (High Court) Elections Foreign relations Human rights (LGBT rights) Military Parliament Political parties President List Vice President Prime Minister List
Economy	Agriculture Central bank Companies Shilling (currency) Stock Exchange Taxation Telecommunications Tourism Transport
Society	Cuisine (wine) Culture Demographics Education Ethnic groups Flag Healthcare HIV/AIDS Languages List of Tanzanians Literature Media Music Natural resource and waste management Persecution of Albinos Public holidays Religion Sport Water supply and sanitation
Zanzibar	History Pemba Unguja Archipelago House of Representatives
Outline Index Category Portal

This Tanzania corporation or company article is a stub. You can help Misplaced Pages by expanding it.

• v
• t
• e

This article about a natural gas or petroleum-related company is a stub. You can help Misplaced Pages by expanding it.

• v
• t
• e

• Oil and gas companies of Tanzania
• National oil and gas companies
• Government-owned companies of Tanzania
• Non-renewable resource companies established in 1969
• 1969 establishments in Tanzania
• Economy of Dar es Salaam
• African company stubs
• Tanzania stubs
• Petroleum company stubs