The government has started working on strategies to prepare Tanzania’s economy to accommodate huge investments in the natural gas sector in anticipation of major commercial discoveries in the next five years.

The imminent commercial discoveries, whose quantity is yet to be determined, will result into “multi‐billion dollar foreign direct investments,” which would add significant revenue flows to the government coffers, as well as take a big part of the country’s export volumes, the facts that will make Tanzania a “gas economy” said the minister of Finance and Economic Affairs Mustafa Mkulo.