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Tanzania Petroleum Development Corporation (TPDC) is the National Oil Company of Tanzania through which the Ministry of Energy implements its petroleum exploration and development policies. TPDC has a manpower strength of about 400 and is organized into six (6) directorates and four (4) Units, namely: Directorate of Exploration Development and Production, Directorate of Oil and Gas Business, Directorate of Planning and Investment, Directorate of Finance and Administration, Directorate of Legal Services, Directorate of Internal Audit, ICT and Statistics Unit, Procurement Management Unit, Public Relations and Communication Unit and Risk Management Unit. TPDC was established through the Government NoticeNo.140 of 30th May 1969 under the Public Corporations Act No.17 of 1969. The Corporation began operations in 1973. TPDC is a wholly owned Government parastatal, with all its shares held by the Treasurer Registrar.
To participate and engage in the exploration, development, production and distribution of oil and gas and related services; facilitate a fair trading environment; safeguard the national supply of petroleum products; at the same time developing quality and safety standards to protect people, property and the environment.
To become a leading integrated National Oil and Gas Company competing nationally, regionally and globally in an environmentally responsible manner to the benefit of all stakeholders.
The objectives of the Corporation as laid down in the TPDC establishment order:
- To explore and produce petroleum.
- To carry out standard activities of an oil company including, distribution and storage facilities.
- To hold exploration and production rights.
- To contract, hold equity or participate in oil concessions, franchises and licenses.
- To manage parastatals or other legal entities transferred to the corporation.
- To develop an adequate industrial base for the oil industry.
The roles of TPDC as defined by the July 2006 announcement by the Government are:
- To promote and monitor the exploration for oil and gas.
- To develop and produce oil and gas.
- To conduct research and development of the oil and gas industry in the country.
- To manage the exploration and production data.
- To advise the Government on petroleum related issues.
- To market and sell natural gas under PSA arrangement.
- To undertake the management of strategic fuel reserves.
- To undertake trading in petroleum products.