Leveraging a Large Capital Investment to Develop Local Value Chains : Local Content in the Construction of Tanzania’s LNG Facility

The discovery of large, deep-sea, natural gas reserves in Southern Tanzania and plans for their development have sparked a national discussion about how Local Content can be maximized in a way that benefits the economy as a whole. Large-scale explo...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/725491513158267360/Leveraging-a-large-capital-investment-to-develop-local-value-chains-local-content-in-the-construction-of-Tanzania-s-LNG-facility
http://hdl.handle.net/10986/29055
id okr-10986-29055
recordtype oai_dc
spelling okr-10986-290552021-05-25T09:08:49Z Leveraging a Large Capital Investment to Develop Local Value Chains : Local Content in the Construction of Tanzania’s LNG Facility World Bank Group GAS LIQUEFIED NATURAL GAS INVESTMENT PRODUCTION VALUE CHAIN AGRO-PROCESSING CONSTRUCTION OIL AND GAS The discovery of large, deep-sea, natural gas reserves in Southern Tanzania and plans for their development have sparked a national discussion about how Local Content can be maximized in a way that benefits the economy as a whole. Large-scale exploitation of Tanzania’s off-shore gas fields is justified only if much of the production can be exported. It is estimated that an investment in the range of 30 to 40 billion US dollars will eventually be needed to develop Tanzania’s Liquefied Natural Gas (LNG) production and export capability. However, funding will not be secured until a final investment decision (FID) is made, and negotiation delays and the general downturn in gas markets worldwide have pushed that decision out to 2018-2019. This interval puts Tanzania in a unique position from a development standpoint because it gives the country more time to prepare local firms and workers for greater integration in the gas value chain, which works to reduce the risk that the country faces of falling into the common Resource Curse trap. This study is a summary of analytical work performed by the World Bank Group (WBG) directed at helping the Tanzanians increase their participation in the construction of the LNG facility. 2017-12-19T22:26:11Z 2017-12-19T22:26:11Z 2016 Report http://documents.worldbank.org/curated/en/725491513158267360/Leveraging-a-large-capital-investment-to-develop-local-value-chains-local-content-in-the-construction-of-Tanzania-s-LNG-facility http://hdl.handle.net/10986/29055 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Mining, Oil, and Gas Africa Tanzania
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic GAS
LIQUEFIED NATURAL GAS
INVESTMENT
PRODUCTION
VALUE CHAIN
AGRO-PROCESSING
CONSTRUCTION
OIL AND GAS
spellingShingle GAS
LIQUEFIED NATURAL GAS
INVESTMENT
PRODUCTION
VALUE CHAIN
AGRO-PROCESSING
CONSTRUCTION
OIL AND GAS
World Bank Group
Leveraging a Large Capital Investment to Develop Local Value Chains : Local Content in the Construction of Tanzania’s LNG Facility
geographic_facet Africa
Tanzania
description The discovery of large, deep-sea, natural gas reserves in Southern Tanzania and plans for their development have sparked a national discussion about how Local Content can be maximized in a way that benefits the economy as a whole. Large-scale exploitation of Tanzania’s off-shore gas fields is justified only if much of the production can be exported. It is estimated that an investment in the range of 30 to 40 billion US dollars will eventually be needed to develop Tanzania’s Liquefied Natural Gas (LNG) production and export capability. However, funding will not be secured until a final investment decision (FID) is made, and negotiation delays and the general downturn in gas markets worldwide have pushed that decision out to 2018-2019. This interval puts Tanzania in a unique position from a development standpoint because it gives the country more time to prepare local firms and workers for greater integration in the gas value chain, which works to reduce the risk that the country faces of falling into the common Resource Curse trap. This study is a summary of analytical work performed by the World Bank Group (WBG) directed at helping the Tanzanians increase their participation in the construction of the LNG facility.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Leveraging a Large Capital Investment to Develop Local Value Chains : Local Content in the Construction of Tanzania’s LNG Facility
title_short Leveraging a Large Capital Investment to Develop Local Value Chains : Local Content in the Construction of Tanzania’s LNG Facility
title_full Leveraging a Large Capital Investment to Develop Local Value Chains : Local Content in the Construction of Tanzania’s LNG Facility
title_fullStr Leveraging a Large Capital Investment to Develop Local Value Chains : Local Content in the Construction of Tanzania’s LNG Facility
title_full_unstemmed Leveraging a Large Capital Investment to Develop Local Value Chains : Local Content in the Construction of Tanzania’s LNG Facility
title_sort leveraging a large capital investment to develop local value chains : local content in the construction of tanzania’s lng facility
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/725491513158267360/Leveraging-a-large-capital-investment-to-develop-local-value-chains-local-content-in-the-construction-of-Tanzania-s-LNG-facility
http://hdl.handle.net/10986/29055
_version_ 1764468383292588032