Market News | Oil & Gas Tanzania 2024

Market News

  • Tanzania LNG Project Talks Drag On

    Posted on :Thursday , 17th February 2022

    Tanzania is moving cautiously in its lucrative natural gas deals with no end in sight of the Host Government Agreement (HGA) negotiations, which resumed recently but are set to take longer than expected.

     

    Fresh discussions on the HGA over the multibillion-dollar project are being held in Arusha, northern Tanzania, after the negotiating teams finalised preliminary talks in Nove. . .

  • Museveni Heads to Tanzania for Oil Pipeline Discussion

    Posted on :Thursday , 9th December 2021

    President Yoweri Museveni of Uganda is scheduled to visit Tanzania this weekend for an oil and gas conference and bilateral discussions with Tanzanian counterpart Samia Suluhu Hassan.

    According to aides, President Museveni will deliver a keynote speech at a private-sector-organized conference on the 1,445-kilometer East African Crude Oil Pipeline (EACOP) project's potential.

    Presi. . .

  • Tanzania Is Attempting To Expedite Clearance of a $30 Billion LNG Project as Crucial Talks Begin

    Posted on :Thursday , 11th November 2021

    Tanzania, Shell, and Equinor have began discussions on a major host government agreement (HGA) for a $30 billion liquefied natural gas project.

    Hundreds of billions of barrels of oil will be transported from Uganda to Tanzania's Tanga port.

    Under the late President John Magufuli's government, the Tanzania LNG project floundered.

    Since becoming president, Samia Hassan has ma. . .

  • Ghana is an Appealing Upstream Option For East Africa’s Hegemony

    Posted on :Friday , 22nd October 2021

    For the past two decades, Africa has been seen as the new frontier of oil and gas exploration, with many of the world's largest oil and gas firms vying to buy properties in an as-yet untapped store of natural resources critical to our way of life.

    While the East African powerhouse of Kenya, Uganda, Rwanda, Burundi and Tanzania have since seen massive development in their oil and gas infr. . .

  • East Africa's Energy Future Shines Bright - Investors Are Keeping a Close Watch

    Posted on :Monday , 6th September 2021

    The eyes of international oil and gas investors are becoming increasingly fixed on Africa as an area of development, and on the East Africa region in particular – with good reason.

    “It’s no secret that the East African oil and gas sector has recently benefited from substantial FDI,” says Paul Sinclair, Vice Presi. . .

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