Market News
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East Africa: Fuel to Cost More as Crude Prices go up
Posted on :Saturday , 21st January 2017
Consumers in East Africa will pay more for refined petroleum products, as global crude oil prices rise.
Ecobank Research, an arm of Ecobank Group, said crude oil prices on the international market have rebounded upwards from $50 a barrel, following a decision by members of the Organisation of Petroleum Exporting Countries (OPEC) and other producers in early December. . .Tanzania: More CNG Stations in Dar to Provide Cleaner, Cheaper Energy
Posted on :Saturday , 21st January 2017
Tanzania plans to construct more compressed natural gas (CNG) stations in Dar es Salaam to provide cheaper, cleaner energy for more of its citizens.
According to the Tanzania Petroleum Development Corporation (TPDC), the project will be executed in three phases and will involve construction of 15 compressed natural gas stations in the country's commercial capital.East Africa: Tanzania, Uganda to Hire Financial Adviser for Oil Pipeline Investment
Posted on :Friday , 13th January 2017
Kampala — Uganda, Tanzania and French oil company Total E&P, the lead joint venture partner on the proposed crude oil export pipeline are considering getting on board a transactionary adviser to advise them on getting a lead investor and the $3.55b (Shs12.6 trillion) required for financing the project.
A concept brief for the project issued by the ministry. . .Tanzania: Diesel, Kerosene Prices Lowered, Petrol Price Slightly Up
Posted on :Monday , 9th January 2017
The Energy and Water Utilities Regulatory Authority (EWURA) has lowered cap prices for diesel and kerosene and slightly increased petrol prices for January in line with changes in prices of petroleum products in the world market.
The energy regulator announced yesterday that retail prices for diesel and kerosene have decreased by 66/- per litre or 3.68 per cent and . . .Tanzania: New Prices for Natural Gas to be Set
Posted on :Thursday , 29th December 2016
Tanzania will next week start setting indicative prices for natural gas to guide potential investors.
Currently the prices of natural gas are negotiated between the buyer and the government-owned Tanzania Petroleum Development Corporation (TPDC), which is the seller.The Energy and Water Utilities Regulatory Authority (Ewura) is expect. . .Please Select an Option
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