ZANZIBAR may force existing licence holders to reapply for long-held acreage onshore and offshore, following the Tanzanian government’s agreement to transfer petroleum matters into the hands of the semi-autonomous administration.
The first reading of Zanzibar’s nascent Petroleum E&P Bill was tabled before the House of Representatives in Stonetown last week, enabling parliamentary discussion to commence on budgetary allocations for the upstream sector.
“Only
