Tanzania State Oil Company Chief Reinstated

Tuesday, July 23, 2019

The former head of Tanzania's state company oil is being reinstated by Tanzanian President John Magufuli, after the executive was suspended in 2016 over claims of abuse of office, the presidency said.

James Mataragio, who was the managing director of the Tanzania Petroleum Development Corporation (TPDC), was suspended by the company's board from his post in August 2016.

The statement by the president's office, seen by Reuters on Tuesday, gave no reason for his reinstatement. Mataragio had no immediate comment.

Together with four other TPDC executives who were suspended at the same time, Mataragio was charged in court last year. It was not immediately clear what happened to the case.

Since his election in 2015, Magufuli has shaken up the Tanzanian economy by demanding higher royalty payments from mining firms and firing senior government officials accused of not doing their jobs properly.

Tanzania has estimated recoverable reserves of over 57 trillion cubic feet of natural gas, most discovered off its southern coast.


(Reporting by Nuzulack Dausen, writing by Duncan Miriri, editing by Larry King)

Categories: Legal Oil Africa Natural Gas

Related Stories

CNOOC Starts Up Nine Oil and Gas Projects as Production Hits Record

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens

Energy Drilling Lands $87M Drilling Job Offshore Malaysia

Woodside Agrees to Sell Greater Sunrise Stake to TIMOR GAP for Up to $200M

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

SLB Secures Aramco Well Construction Work for 450 Wells

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Current News

CNOOC Starts Up Nine Oil and Gas Projects as Production Hits Record

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

Strohm Nets Ultra-Deepwater Supply Deal for Southeast Asia’s Gas Scheme

Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens

Energy Drilling Lands $87M Drilling Job Offshore Malaysia

Inpex Moves $21B Indonesian LNG Project Closer to Investment Decision

Woodside Agrees to Sell Greater Sunrise Stake to TIMOR GAP for Up to $200M

Seatrium Inks $390M Deal to Complete Four Offshore Rigs for Keppel’s Rigco

Indonesia Cuts Singapore Pipeline Gas Flows by 9% to Meet Domestic Demand

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com