Tanzania playing catch up on LNG project
The NOC wants to get a stalled LNG project moving, but doubts remain over the operating environment
Tanzania's announcement that it is seeking to hire consultants to reinvigorate stalled negotiations on a proposed liquefied natural gas development will likely be welcomed by the industry. But problems elsewhere in the oil and gas sector suggest that relations between government and producers remain strained. State-controlled Tanzania Petroleum Development Corporation (TPDC) said in April that it had invited bids from consultants to help it devise a commercial, legal and technical framework for the LNG project, which could require around $30bn of investment. Since 2016, Shell—through its acquisition of BG—in partnership with Exxon Mobil, Ophir Energy and Statoil, have been seeking governme

Also in this section
3 March 2025
The Middle East is focusing on modernisation and expansion projects, while Africa is seeking to reduce its imports of refined products
3 March 2025
West African producer’s national oil agency considers licensing overhaul for faster rounds
3 March 2025
The March 2025 issue of Petroleum Economist is out now!
3 March 2025
Tariffs likely to compound already weakening energy flows between economic powerhouses and lead to trade being rerouted