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Tanzania says will not revoke any oil and gas PSAs

September 19, 2012 Comments Off on Tanzania says will not revoke any oil and gas PSAs

September 19, 2012, 7:55 am

By Fumbuka Ng’wanakilala
DAR ES SALAAM (Reuters) – Tanzania will not revoke existing oil and gas contracts, its energy minister said on Tuesday, two days after he was widely reported in local media saying unfavourable deals would be scrapped.

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