Workers protest BP exit in Tanzania

"There are three phases involved in the sale; first being the sorting out of legal issues, followed by a transition period and finally the takeover. As far as I know, they are now in the transition stage," said a source.

The source further said that the government has formed a team comprising experts - from the Consolidated Holdings Corporation (CHC), Tanzania Petroleum Development Corporation (TPDC), Treasury Registrar and the Ministry of Energy and Minerals - who are supposed to recommend the best way forward before and after BP Africa sells its 50 per cent shareholding in BP Tanzania.