Market News
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Uganda - Tanga Port Oil Pipeline Construction to Begin in August
Posted on :Thursday , 10th March 2016
Construction of the envisaged 4 billion US-dollar (about 8 trillion/-) pipeline to transport crude oil from Kabale in Uganda to Tanga Port is slated to commence in August, pending ongoing discussions between the two governments and investors.
The Managing Director of Tanzania Petroleum Development Corporation (TPDC), Dr James Mataragio, said the 24-inch conduit to c. . .Tanzania, Uganda Agree Construction of New Oil Pipeline
Posted on :Friday , 4th March 2016
Tanzania and Uganda have agreed to construct a 1,120km long oil pipeline, in a project estimated to create more than 15,000 jobs.
The agreement follows talks between the President of the United Republic of Tanzania, Mr John Pombe Magufuli and the President of the Republic of Uganda, Mr Yoweri Museveni, which were held on Tuesday evening in Arusha.. . .SacOil Signs Agreement for Gas Pipeline From Mozambique to Gauteng
Posted on :Friday , 4th March 2016
SacOil has signed a cooperation agreement that will result in the construction of an estimated $6bn, 2 600km, large-diameter pipeline to transport natural gas from Mozambique's Rovuma Basin to Gauteng.
Part of the consortium entering the deal with SacOil is the China Petroleum Pipeline Bureau, a Chinese and international pipeline construction company.&n. . .Tanzania Discovers More Gas on Ruvu Basin
Posted on :Friday , 26th February 2016
Tanzania has made yet another discovery of natural gas reserves totalling 2.17 trillion cubic feet (tcf) along Ruvu Basin in Coast Region.
The discovery has been made at a block operated by Dodsal Hydrocarbons and Power Tanzania Limited owned and chaired by UAE-based billionaire, Dr Rejan Kilachand.It brings the sum of proven natural gas . . .Oryx Builds LPG Liquefaction Plant in Tanzania
Posted on :Friday , 26th February 2016
Oryx Energies has commissioned the first LPG Cylinder liquefaction plant in Tanzania, a move that would boost supply of gas in the country.
According to the company's Country Director, Mr Nick McAleer, the plant represents an investment of 1.5bn/-and is part of the company's significant growth plans for bringing Oryx Gas to all parts of the country.Please Select an Option
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