Tanzania to boost fuel reserves amid raging Middle East conflict
President Samia Suluhu Hassan unveils the plaque after laying the foundation stone for the construction of bulk fuel storage tanks at Dar es Salaam Port on March 3, 2026. PHOTO | STATE HOUSE
Dar es Salaam. President Samia Suluhu Hassan on Tuesday directed the Ministry of Energy and other relevant authorities to strengthen Tanzania’s strategic fuel reserves, aiming to shield the country from potential shortages and price hikes amid the ongoing US-Israeli invasion of Iran.
The President made the announcement during the foundation-stone laying ceremony for the construction of new petroleum reserve tanks in Dar es Salaam, a project valued at Sh678.6 billion designed to expand the National Strategic Petroleum Reserve.