Tanzania May Renegotiate Gas Contracts It Deems Unfavorable

February 6, 2019/in /by Rudolf Huber

Future investors in Tanzania will take note. Who guarantees them that this wont happen to their projects as well? Tanzania is not doing itself a favor. A deal is a deal. You live with it – come what may. As soon as your word is worth crap you can wave your investment billions good bye. Very short-sighted.

Tanzania said it might renegotiate natural gas contracts if its review finds terms agreed as far back as two decades unfavorable to the East African nation.

Read on …

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