LNG Key Platform for Tanzanian Presidential Elections

LNG Key Platform for Tanzanian Presidential Elections

Tanzania’s presidential candidate John Magufuli has pledged to remove impediments related to the site of a planned LNG plant, reported Reuters.

He promised that, if elected, he would resolve this outlying issue – among others – within “a few weeks of taking power.

The multi-billion dollar LNG plant is meant to exploit the country’s huge offshore gas finds.

“We know that it is a competition. If the neighbouring country Mozambique gets its own (plant) running, ours will not be viable,” added January Makamba, Campaign Director of Magufuli’s party.

“It will change the landscape of Tanzania’s economy,” said Makamba, noting there had been issues related to ownership and transfer of land for the plant.

According to LNG Industry Magufuli was the country’s works minister who criticized the slow pace of progress by the government of outgoing President Jakaya Kikwete.

Magufuli also vowed to end chronic power shortages crippling Tanzanian businesses and make use of vast gas discoveries to spur employment in the nation of 47m people.

“My government will put emphasis on fighting corruption, job creation and industrialization,” Magufuli told supporters in a packed 35,000-capacity Mwanza stadium.

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