What are the requirements for becoming an approved supplier?
The prequalification criteria for suppliers of petroleum products shall be as provided below;
- The applicant must be a registered legal entity structured for the petroleum supply and trading business.
- International companies must have a gross trading turnover of at least US$ 100,000,000 per year and for local companies must have capital or asset base of at least 30,000,000,00) Tanzania Shillings;
- Proof of payment of pre-qualification processing fees of USD 5,000 for multinational companies and TZS 5,000,000/= for local companies. The fee is payable after every three (3) years from the date of pre-qualification;
- Company profile containing, among other information, staff competency on international trading of petroleum.
- International applicants must have a minimum experience of three (3) years in international trading of petroleum products with a minimum trading volume of 1,500,000MT and Local applicants must have a minimum of five (5) years experience in the local marketing business of petroleum products.