Related Articles
IOCs have been in talks with President John Magufuli’s government for several years
Forward article link
Share PDF with colleagues

Tanzania’s LNG hopes on a knife-edge

Delays to talks over Tanzania’s planned LNG export facility are putting the project’s future in jeopardy

International oil companies (IOCs) sitting on large gas discoveries offshore Tanzania say they are keen to resume drawn out and currently halted talks over the development of liquefied natural gas (LNG) export projects, based on large reserves in south of the country. But, even if talks restart soon, the country will still face a struggle to start exports within the next decade given an increasingly competitive global LNG market.         Negotiations were paused by the government in mid-2019 to allow a review of Tanzania’s production sharing agreement (PSA) framework, the outcome of which has yet to be announced.   Tanzania’s overall recoverable gas reserves are estimated at more than 57tn

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Energy transitions for a sustainable future
1 December 2021
The challenge of meeting global energy demand while hitting net-zero targets will be at the core of this year’s World Petroleum Congress
Letter from Canada: Time for Biden to end hypocrisy
30 November 2021
The US president talks the talk on urgent decarbonisation, but cannot ignore bilateral midstream dispute between Michigan and Canada
Pre-salt fuelling Petrobras’ upstream ambitions
30 November 2021
The offshore region is poised to significantly ramp up production as more midstream gas infrastructure reaches startup and divestments keep coming
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video