President Joko Widodo, commonly known as Jokowi, has strategically leveraged the energy sector to foster closer economic ties between Indonesia and Tanzania. During his official state visit to Tanzania, President Jokowi articulated his vision of enhancing Indonesia’s investment portfolio in Tanzania.
This enhancement would primarily manifest through the collaboration of PT Pertamina (Persero), a prominent Indonesian state-owned enterprise specializing in the oil and gas industry.
The President emphasized the strategic significance of investments in the energy sector, recognizing them as a catalyst for reinforcing partnerships between developing nations. His commitment to this endeavor was clearly expressed during his visit to Tanzania.
President Jokowi and Tanzanian President Samia Suluhu bore witness to a pivotal moment as Nicke Widyawati, President Director of Pertamina, and Mussa Makame, Managing Director of Tanzania Petroleum Development Company (TPDC), formally inked a memorandum of understanding. This memorandum was poised to ignite collaboration focused on amplifying hydrocarbon exploration efforts and streamlining the entire crude oil supply chain within Tanzania.
Such an agreement signifies more than a mere collaboration; it serves as a significant milestone in the deepening relationship between Tanzania and Indonesia. Notably, TPDC and Pertamina are both government-owned entities, with the full backing of their respective governments. This strategic alignment ensures a synergistic approach to developing the oil and natural gas sector in Tanzania.
The scope of collaboration extends across the entire value chain, encompassing both upstream and downstream activities. This includes exploring investment opportunities in compressed natural gas (CNG) stations and facilitating the supply of mini liquefied natural gas (LNG).
The memorandum also underlines the commitment to fostering human capital development through training and educational initiatives in Indonesia for TPDC employees.
President Jokowi’s vision extends beyond traditional diplomatic channels, weaving a narrative of mutual growth, shared energy prosperity, and strengthened economic bonds between Indonesia and Tanzania. His proactive stance in the energy sector is set to usher in a new era of cooperation, underpinned by shared goals and shared success