Will Tanzania’s Natural Gas Endowment Generate Sustainable Development?

Photo: AR Hendrix

Tanzania first discovered natural gas in commercially viable quantities in 2010. In March 2016, another major gas discovery of 2.7 trillion cubic feet (TCF), estimated at a value of some $8 billion was made in the Ruvu Basin Coast Region. This brings Tanzania’s total estimated gas reserves to roughly 60 TCF, and could generate up to $6 billion in annual revenue.