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

Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens

Oil Tumbles, Stocks Surge on Middle East Ceasefire

CPC Oil Exports via Black Sea Stable After Attack Reports

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

Oman’s Block 50 Offshore Drilling Ops Pushed to May

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Angola Gas Project, Secures $9B Credit Facility

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Eni Nears FID for Indonesia’s Offshore Gas Projects

Current News

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Middle East Producers Gear Up for Hormuz Export Restart

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Tumbles, Stocks Surge on Middle East Ceasefire

ABL Transports Northern Endeavour FPSO to Recycling Yard

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