THE USE OF NATURAL GAS IS BOOSTING OUR ECONOMY.

The  use  of  natural  gas  is  boosting  our  economy

NA EDWIN SOKO

According to  the  report published  by  Tanzania Petroleum Development Corporation (TPDC) underlined that the use of locally-produced natural gas has not only saved funds, it has also increased the country's energy sources, and stimulated economic activities.

The use of domestically produced natural gas in Tanzania between 2015 to 2017 has resulted in a Sh8 trillion ($4 billion) economic savings.

The country reduced its dependence on heavy furnace oil (HFO), diesel, petrol, jet fuel and other fuels in operating machineries.

Tanzania saved $6.7 billion in 2015 alone, after turning away from HFO and diesel to natural gas to generate electricity.

If  TPDC  scales -up its pace of distributing natural gas supplies to factories to support the government's industrialisation plan   will  enable  the  country   to   reach  middle  income  economy.

Statistics   indicates that,  the East African country is currently using a tiny fraction of the resource, about 70 million cubic feet out of the total capacity of 784 million cubic feet.

From the available gas sourced from Mtwara and Songo Songo, it is reported that a mere 10% of the gas goes into power generation to some industries.

The  use  of  gas   effectively  will  boost   industrialization  drive  in Tanzania, having  good   policies  and strategies   will  decide   determine  how  to  benefit   from  this  natural  gas

Tupe maoni yako