Energy sector in Tanzania is one of the fast growing and changing sector offering huge opportunities to investors. The need to reduce greenhouse gas emissions, glowing global and national demand, increased government’s need to ensure energy security and increased foreign direct investments (FDIs) in the Tanzania’s energy sector, means that government and energy companies are faced with some of the most complex and challenging decisions that will have an impact not only on economic prosperity, but also on the long-term relationship between investors and host governments. It is also key for companies investing in energy sectors to ensure security and stability of their investments and equally important for them, is to ensure they derive appropriate and acceptable rate of returns from their investments.
All these factors, coupled with volatility of the energy industry, make this an exciting industry to work in, and one that requires its advisers to have sector-specific knowledge backed by global, regional and national resource capability. Lawhill & Co. Advocates’ energy team is at the forefront of this sector, providing clients with advice on matters relating to power and utilities, transmission and distribution, oil & gas contracting and negotiating favourable fiscal terms (upstream, midstream and downstream and Liquefied Natural Gas (LNG) projects), and environmental and decommissioning.
Lawhill & Co. Advocates provides advice on the entire lifecycle of energy sector, from contracting, consenting and planning process, through to construction, financing, operation, maintenance and ultimately their refinancing or sale. We advise potential sellers and acquirers on cross-border and national mergers and acquisitions transactions and their potential tax implications, project sponsors, corporates, financial/passive investors, suppliers, manufacturers, governments and debt funders on energy transactions. These transactions are supported by our specialists in areas such as environmental, regulatory, tax, competition, employment and planning law.