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

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

South Korean Firm Buys Into Indonesian Offshore Oil Block

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

DOF Bags Two Deals in Asia-Pacific Region

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Venture Global, Tokyo Gas Ink 20-Year LNG Supply Deal

Current News

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Following Big Loss in 2025, Oil Steadies

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