Africa-Press – Tanzania. The Association of Tanzania Oil and Gas Service Providers (ATOGS has applauded President Samia Suluhu Hassan for the bold decision to lower eight levies and charges on fuel related products.
As one of the key promoters of well-being and social welfare ATOGS believes that lowering these levies and charges will among other things reduce the high costs of living that many Tanzanians have endured in the past three months due to the exorbitant rise of fuel related products, the ATOGS statement stated yesterday.
“The ATOGS Board of Directors, management and members of the business community would like to congratulate President Samia Suluhu Hassan for her directives to lowering of eight levies and charges on fuel related products,” stated the statement.
On other hand, ATOGS believes that, lowering these levies not only create a huge lifeline for ordinary citizens but will also stimulate business and commercial activities of the economy which have been hardest hit by the upward rise of fuel products in the past three months.
“ATOGS applauds President decision for coming up with this innovative idea, and it is our sincere hope that it will bring in some extraordinary outcomes for both Tanzanians and the business sector dealing with Oil and Gas,” the statement said.
ATOGS was formed to act as a convening body for different players across the full value chain of the Oil and Gas industry in Tanzania.
ATOGS seeks to represent the interest of the local providers as companies position themselves to participate fully in the emerging sector.
ATOGS was founded in recognition of the opportunities that lie ahead for local companies off the back of the large gas deposit discoveries in Tanzania, the new Uganda to Tanzania crude oil pipeline and the aspiration for the development of gas distribution networks in major cities.
