The Petroleum Act, 2015 and the Energy and Water Utilities Regulatory Authority EWURA Act Cap 414 mandate the Authority to regulate the Mid and Downstream petroleum sub-sector in Tanzania Mainland. Under these instruments, the Authority is mandated to undertake technical, economic and safety regulatory functions in the sub-sector. Regulatory functions that are implemented by EWURA in this sub sector are geared to:
- Monitor for the sake of ensuring security and quality of petroleum products supply in the country;
- optimize costs in respect of procurement, storage, transportation and distribution of petroleum products;
- attract investment through licensing in the petroleum mid and downstream operations, thus helping to ensure a reliability in the supply of petroleum products throughout the country;
- create a level playing field to protect the interest of efficient service providers or suppliers;
- implement government policies as outlined in the Energy policy framework.
The ultimate goal of EWURA (the Authority) is to protect the interests of consumers, efficient suppliers and the government, which together are key Authority’s stakeholders.