Engagement of 11 International Suppliers for Fuel Security in Tanzania

TLDR

• With the Strait serving as the shipping route for around 20 percent of global oil supplies, and approximately 60 percent of Tanzania’s petroleum products sourced from the Middle East, the resumption of hostilities and.
• Time was tight but consultations were undertaken with key energy sector institutions, and a total of 11 international suppliers were engaged by the TPDC and the Petroleum Bulk Procurement Agency (PBPA) to find the best.
• A secure and stable fuel supply is essential for a functioning state, so much so that it is considered a critical national security risk.
• International suppliers were engaged against the backdrop of a fast-developing crisis in which several companies had issued a force majeure.
• Suppliers were only selected after careful evaluation of which offered the best balance between price, delivery reliability, and security of supply.