Dar es Salaam wants to ensure regional competitiveness
Tanzania ups the pace on LNG project
Equinor, ExxonMobil and Shell are among the interested parties
Tanzania's efforts to speed up talks with Equinor and ExxonMobil over of a Host Government Agreement (HGA) to develop an onshore liquefied natural gas (LNG) project suggests a renewed sense of urgency, as the government seeks to ensure the country does not lose out altogether to neighbouring Mozambique as a regional gas export hub. Equinor says it has received signals from Tanzanian president John Magufuli that he wants to start talks with the two companies on the development of a proposed onshore LNG project. Contacts have been continuing off and on for four years, but there seems to be optimism over the chances of progress this time around. The companies hold the license for Block 2, off s
Also in this section
24 February 2025
Weighed down by higher costs and lower margins, the US downstream sector is facing closures that could shrink capacity
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
