Market News | Oil & Gas Tanzania 2019

Market News

  • Tanzania Foresee to Begin $30bn LNG Project Construction in 2022

    Posted on :Monday , 24th June 2019

    Tanzania has deals for a consortium of oil companies to start construction of the $30bn liquefied natural gas (LNG) project in 2022.The liquefied natural gas processing plant will be based in the Lindi region.

    Regulatory barriers have delayed construction of an LNG export terminal near offshore natural gas discoveries to the south of the country. In March, the government declared that. . .

  • Canada To Support EAC Energy Sectors For Local Benefit

    Posted on :Saturday , 11th May 2019

    The East African Community (EAC) summons for extended support from Canada, one of the leading development partners to Africa. The community is specifically pressing for assistance in the infrastructure and trade sectors to help it gain its intergrated agenda.

    Mr. Liberat Mfumukeko, the secretary general said, "There is an urgent need to upscale the EAC-Canada relations as well as C. . .

  • EXPERTS COLLABORATE TO EXPLORE OIL IN TANZANIA AND UGANDA

    Posted on :Wednesday , 1st May 2019

    Endowed with untapped diverse energy sources including biomass, natural gas, hydropower, coal, geothermal, solar and wind power which are found in abundance in Tanzania. Out of the total energy supply Wood-fuel accounts for up to 92% hydro-electricity amounts for 2% and 7% is derived from oil products. The downstream oil industry is an important sector to the country’s economy that absorb. . .

  • EA Oil Pipeline Project to be Arbitrated by London

    Posted on :Wednesday , 24th April 2019

    Due to end months of haggling between the governments and oil companies, the UK will host arbitration talks in case of disputes arising out of the East African crude oil pipeline project.

    During a technocrats meeting held in Kampala in January, arbitration was one of the issues that were deferred

    Should any dispute arise, the arbitration will be done in London. Tanzania had said. . .

  • THE OIL AND GAS MARKET IN TANZANIA DEVELOPING UNTAPPED RESOURCES

    Posted on :Friday , 12th April 2019

    Tanzania has become one of the most promising East African hydrocarbons markets on the back of large gas discoveries off the country’s eastern coast. In 2014 when operations were launched at two onshore gas fields, Tanzania began producing natural gas. At Songo Songo and Mnazi Bay. In 2018 Tanzania produced 870 mcm (30.7 bcf) of natural gas, According to Eni’s World Oil & Gas Re. . .

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