{"id":33138,"date":"2021-07-20T15:20:13","date_gmt":"2021-07-20T15:20:13","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=33138"},"modified":"2021-07-20T14:27:23","modified_gmt":"2021-07-20T14:27:23","slug":"mining-gas-governance-improves-rgi-report","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report","title":{"rendered":"Mining, gas governance improves-RGI report"},"content":{"rendered":"

Africa-Press<\/a> – Tanzania<\/a>. <\/strong><\/span>Governance of Tanzania\u2019s oil, gas and mining sector has improved but remains weak, a new 2021 Resource Governance Index (RGI) shows.<\/p>\n

The index published last week rates mining as slightly better governed than oil and gas. Researchers scored both sectors slightly higher than in the last edition of the index, in 2017.<\/p>\n

Natural Resource Governance Institute (NRGI) experts found that Tanzania\u2019s oil and gas sector, with an overall score of 55 points out of a possible 100, lags its mining sector, with 58 points.<\/p>\n

The slight difference in governance scores is due in part to the absence of a centralized cadaster for oil and gas, as well as a less-established legal framework relating to both pre- and post-licensing round rules.<\/p>\n

Experts found evidence of strong financial reporting and production disclosures from the state-owned oil and gas company, the Tanzania Petroleum Development Corporation (TPDC). This led them to conclude that it is better governed than state-owned mining enterprise STAMICO, for which NRGI says governance is \u201cpoor.\u201d<\/p>\n

\u201cWhile governance of Tanzania\u2019s extractive industries has improved over time, our assessment shows that there is much more work to be done,\u201d said Sophia Rwegellera, Tanzania senior officer for NRGI:<\/p>\n

\u201cPresident Samia has signalled that the government is open to change in this regard, which we welcome. With the world hastening the transition from fossil fuels to renewable energy, now is a critical moment to retool both oil and gas and mining sectors to be fit for purpose.\u201d<\/p>\n

The overall performance of Tanzania\u2019s mining resource governance remains weak, however, NRGI has classified the country\u2019s ability to realize value from minerals as satisfactory due to good governance of taxation.<\/p>\n

NRGI suggested that management of local impacts of mining requires improvement, saying that Tanzania should review the section the Environmental Management Act 2004, which requires the authorities to direct the National Environment Management Council to publish environmental and social impact assessments in full.<\/p>\n

STAMICO should disclose commodity sales information, and details about joint venture projects and subsidiary information, NRGI said. The recommendations are especially relevant as the government aims to almost double the mining sector\u2019s contributions to GDP by 2025.<\/p>\n

On oil and gas governance, researchers said that Tanzanian authorities should address issues pertaining to licensing, contract disclosures, establishment of a cadaster, rules and disclosures related to environmental and social impact assessments and mitigation plans.<\/p>\n

\u201cIf Tanzania is to achieve its vision of becoming a major producer and exporter of natural gas, and improve the lives of citizens with the proceeds, then the many governance fundamentals highlighted in the RGI assessment require attention,\u201d Ms Sophia said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. Governance of Tanzania\u2019s oil, gas and mining sector has improved but remains weak, a new 2021 Resource Governance Index (RGI) shows. The index published last week rates mining as slightly better governed than oil and gas. Researchers scored both sectors slightly higher than in the last edition of the index, in 2017. […]<\/p>\n","protected":false},"author":84,"featured_media":33137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6990,6991,711],"class_list":["post-33138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"\nMining, gas governance improves-RGI report - Tanzania<\/title>\n<meta name=\"description\" content=\"Governance of Tanzania\u2019s oil, gas and mining sector has improved but remains weak, a new 2021 Resource Governance Index ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mining, gas governance improves-RGI report\" \/>\n<meta property=\"og:description\" content=\"Governance of Tanzania\u2019s oil, gas and mining sector has improved but remains weak, a new 2021 Resource Governance Index ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-20T15:20:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/07\/img-60f6dd386e334.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"356\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mining, gas governance improves-RGI report\",\"datePublished\":\"2021-07-20T15:20:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report\"},\"wordCount\":436,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/07\/img-60f6dd386e334.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/mining-gas-governance-improves-rgi-report\",\"name\":\"Mining, gas governance improves-RGI report - 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