WORLD OIL (TANZANIA) LIMITED TERMINALS are situated in Vijibweni Industrial Area, in Kigamboni, Dar es Salaam and are the household name in Petroleum Industry here in Tanzania.The company oers Hospitality services to various suppliers who are in local and transit businesses.
Is Tanzania a net importer of petroleum products?
Tanzania is a net importer of petroleum products. Petroleum products supply in Tanzania has been conducted through a Bulk Procurement System (BPS) since 2011. Under the BPS, purchases of petroleum products are made from a pool of imports obtained from suppliers selected through a competitive bidding process.
How much oil does Tanzania import?
In 2018, Tanzania imported $1.77B in Refined Petroleum, becoming the 75th largest importer of Refined Petroleum in the world. The same year, Refined Petroleum was the 1st most imported product in Tanzania. Tanzania imports Refined Petroleum primarily from: India , United Arab Emirates , Saudi Arabia , Switzerland , and Oman.
Does Tanzania produce crude oil?
Tanzania does not produce crude oil and has not experienced a recent commercial oil discovery. Tanzania typically consumes around 35,000 barrels per day of refined oil products, all of which are imported. Looking to explore Tanzania’s Oil & Gas sector?