Tanzania Boosts Natural Gas Production Significantly

Posted on :Wednesday , 4th September 2024

The Tanzania Petroleum Development Corporation (TPDC) is set to boost natural gas production by 80 million cubic feet (cf) over the next year in response to rising demand. This increase is driven by the growing shift of vehicles from petrol to Compressed Natural Gas (CNG) and the expansion of industrial use of natural gas. Additionally, neighboring countries are expected to seek more of this re. . .

TGS Partners with Tanzania's PURA to Dominate Offshore Subsurface Data Management and Licensing

Posted on :Thursday , 1st August 2024

The comprehensive dataset, including regional seismic and well data, will enable detailed interpretations of the basin's evolution and structural history.This collection, which includes 2D and 3D seismic data spanning over 132,000 km², showcases Tanzania's strong play diversity, proven through exploration success from Early Cretaceous to Miocene reservoirs.  

ARA Petroleum to develop Tanzania’s largest onshore natural gas discovery

Posted on :Monday , 1st July 2024

ARA Petroleum announced that Tanzania's Ministry of Energy has granted a 25-year Development Licence for the Ntorya natural gas discovery area to the Ruvuma joint venture. The licence was awarded to ARA Petroleum Tanzania Limited (APT), a subsidiary of ARA Petroleum and operator of the Ruvuma JV.

This licence enables APT to advance Tanzania’s largest onshore natural gas. . .

Kenya and Uganda forge ahead with pipeline extension to boost connectivity between borders

Posted on :Monday , 3rd June 2024

Uganda imports an impressive average of 2.5 billion litres of petroleum annually, valued at about $2 billion, with KPC handling at least 90 per cent of the volumes. Kenya is actively engaging with Uganda in a fresh endeavor to sustain and potentially enhance petroleum exports despite the heightened competition from neighboring Tanzania. Recently, Tanzania's interest in expanding transit markets. . .

East African Economy Set to Grow by 5.1% in 2020, Led by Kenya, Rwanda, and Tanzania

Posted on :Wednesday , 1st May 2024

A recent report by audit, tax, and consulting firm RSM (Eastern Africa) Consulting Ltd, titled "The East African Economic Outlook 2024," unveiled at the EAC CEO Roundtable in Nairobi, forecasts the region to maintain its lead in Africa's growth, with a projected expansion of 5.7 percent in 2025. Kenya is expected to sustain robust real GDP growth at 5.2 percent, with inflation easing to around . . .