Market News
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GE Completes Gas Turbine Upgradation at Tanzania's Songas Ubungo Power Plant
Posted on :Tuesday , 1st October 2019
Songas Ubungo Power Plant supplies more than 20 percent of the grid connected power in Tanzania; upgrade of three GE’s LM6000PA and one LM6000PC Aero derivative gas turbines Improved Plant Efficiency and Reliability.
GE and Songas today disclosed they have successfully completed upgrades to the whole GE fleet of three LM6000PA and one LM6000PC gas turbines at the Songas Ubungo P. . .Tanzania Foresee to Begin $30bn LNG Project Construction in 2022
Posted on :Monday , 24th June 2019
Tanzania has deals for a consortium of oil companies to start construction of the $30bn liquefied natural gas (LNG) project in 2022.The liquefied natural gas processing plant will be based in the Lindi region.
Regulatory barriers have delayed construction of an LNG export terminal near offshore natural gas discoveries to the south of the country. In March, the government declared that. . .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. . .
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