Market News | Oil & Gas Tanzania 2019

Market News

  • 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. . .

  • Triple oil production strategies in South Sudan

    Posted on :Tuesday , 2nd April 2019

    South Sudan's ambassador to Ethiopia and the African Union, James Morgan, voiced that with his country enjoying relative peace after almost five years of civil war, South Sudan has turned its sights on reviving its oil sector. 

     

    Despite the ongoing efforts to increase non-oil revenues, South Sudan depends on oil production to finance more than 90 percent of its fiscal. . .

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