Market News | Oil & Gas Tanzania 2024

Market News

  • Tanzania: Govt Set to Introduce New System On Bulk Purchase of Gas

    Posted on :Friday , 8th July 2016

    The government plans to introduce a bulk supply system in the gas come September. Energy and Water Utilities Regulatory Authority (Ewura) officials said on Wednesday that the move aims at reducing business costs and power tariffs for consumers, increase government revenue and control the gas sector more efficiently.

     
    Ewura petroleum department director Samuel Godwin . . .

  • Future of Oil & Gas in Tanzania is Bright - EWURA Chairman

    Posted on :Thursday , 23rd June 2016

    "The future of the oil and gas industry in Tanzania is bright." This was said recently by Prof Jamidu Katima, Chairman of the Energy and Water Utilities Regulatory Authority (EWURA). Our Correspondent SAIDI MKABAKULI adeptly analyses the role of a regulator in natural gas activities that include processing, transportation, storage and distribution of natural gas in Mainland Tanzania.<. . .

  • Tanzania: Firm to Start Refining Furnace Oil Locally

    Posted on :Tuesday , 21st June 2016

    Bagamoyo — Tanzania industries will soon start procuring heavy oil locally as Kamal Group launched its Sh10-billion factory for refining the furnace oil.

     
    Kamal Group said during the weekend that its newly-launched heavy oil refinery in Zinga (Kerege) will help Tanzania to save $15 million in its foreign currency reserve which is currently spent on importing th. . .

  • Tanzania Has Huge Gas Deposits - Minister

    Posted on :Friday , 17th June 2016

    Dodoma — With over 57 trillion cubic feet of gas, the government has boasted of a huge capacity that can accommodate serious investors in petrochemical manufacturing.

     
    Industry, Trade and Investment Minister Charles Mwijage told the National Assembly here that the government has already invited HELM AG for final negotiations over the project execution.
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  • Tanzania: TPDC, Oil & Gas Investors to Meet Ahead of New Planned LNG Plant

    Posted on :Wednesday , 15th June 2016

    The Tanzania Petroleum Development Corporation (TPDC) is on Wednesday set to meet oil and gas investors ahead of the government's decision on Hosting Government Agreement (HGA) that could create a new outlook for the planned liquefied natural gas (LNG) plant.

     
    Construction of the 10-milliontonne a year LNG plant in East Africa's biggest holder of natural gas reserves. . .

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