Accountability of Resource Governance In Emerging Oil & Gas Production; Case For Oil And Gas Exploration In Tanzania,
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Mzumbe University
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A Dissertation Submitted in Fulfilment of the Requirements for Award of the
Degree of Master of Science in Leadership and Management of Mzumbe
University
This research aimed view study the use of accountability measures in emerging oil and gas producing countries to protect the revenues and benefits that come from the industry. The general objective of the study was to describe the role of accountability in reducing negative impacts faced by emerging oil and gas producers. With specific objectives on the identification of key aspects of accountability in emerging oil and gas regimes and study the role of accountability for emerging oil and gas producing countries using Tanzania as a case study. For the study the researcher used descriptive research design whilst employing interviews for primary data collection tools and documentary reviews for secondary data collection. One of the findings is the research was able to find existing accountability measures in including transparency initiatives such as public tenders and publication of revenues by governments and private companies through TEITI. In Governance, the research found there were division of powers through different bodies that work together to regulate the sector. There is also push for participation, where the NOC is guaranteed a 25% minimum participation in all petroleum arrangements. Lastly on monitoring and participation, there have been deliberate attempts to ensure revenues collected from the sector are properly managed through the revenue management act. The research further learned that accountability measures that were established are clear and transparent, but the infancy stage of the industry has not enabled for some of the measures to be tested.
This research aimed view study the use of accountability measures in emerging oil and gas producing countries to protect the revenues and benefits that come from the industry. The general objective of the study was to describe the role of accountability in reducing negative impacts faced by emerging oil and gas producers. With specific objectives on the identification of key aspects of accountability in emerging oil and gas regimes and study the role of accountability for emerging oil and gas producing countries using Tanzania as a case study. For the study the researcher used descriptive research design whilst employing interviews for primary data collection tools and documentary reviews for secondary data collection. One of the findings is the research was able to find existing accountability measures in including transparency initiatives such as public tenders and publication of revenues by governments and private companies through TEITI. In Governance, the research found there were division of powers through different bodies that work together to regulate the sector. There is also push for participation, where the NOC is guaranteed a 25% minimum participation in all petroleum arrangements. Lastly on monitoring and participation, there have been deliberate attempts to ensure revenues collected from the sector are properly managed through the revenue management act. The research further learned that accountability measures that were established are clear and transparent, but the infancy stage of the industry has not enabled for some of the measures to be tested.
Keywords
emerging oil and gas producers