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Browsing: Oil and Gas in Tanzania
Africa’s energy security should come first even as EU parliament tries to entrench energy apartheid on the continent by bullying Uganda and Tanzania over the East African Crude Oil Pipeline (EACOP).
Energy is king, and so is adequate security across all fronts of energy exploration, production, supply and use without any interference from any foreign powers.
In East Africa, EACOP comes to the energy stage with a transformative agenda. EACOP is 1,443km long, stretching from Kabaale, Hoima district in Uganda, to the Chongoleani Peninsula near Tanga Port in Tanzania.
- The EACOP project stands to change the face of Uganda and Tanzania's economy
- The European Union (EU) parliament stated that the EACOP projects limit better environmental operations and expose more climate change impacts
- Both Uganda and Tanzania have stated their stance on the development of the project
The ambitious project has recently drawn international attention—particularly from the European Union (EU) Parliament
American investors are about to transform Tanzania’s investment landscape with 19 US companies exploring various opportunities with a total market capitalization of over US$1.6 trillion.
The United States of America (USA) investors are now seeding their roots in Tanzania, one of Africa’s fastest-growing economies. The superpower is not only becoming an investor in Tanzania but also a reliable development partner.
- Tanzania’s foreign direct investment has been fluctuating over the years. In 2012 it rose to around US$1.1 billion
- 19 American investors are set to explore various opportunities with a total market capitalization of over US$1.6 trillion
- The United States and Tanzania are engaging in massive volumes of trade, particularly exporting agricultural produce and minerals to the US
Over the past year, under President Samia Suluhu Hassan, the current administration has prioritized developing its economic diplomacy. The current path created by the US is a clear-cut demonstration of how the superpower …
- Nigeria is Africa’s main leading oil producer with production increased to an average of 1.16 million barrels per day (bpd) in June from 1.02 million recorded in May 2022
- Tanzania through the Association of Oil and Gas Service Providers (ATGOS) signed an MoU with Oman’s industry body in June
- The MoU was signed in a separate room during the ongoing energy congress held in Dar es Salaam Tanzania
Tanzania’s oil and gas industry just got a shot in the arm as the Association of Tanzania Oil, and Gas Service Providers (ATOGS) and Petroleum Association of Nigeria (PETAN) signed a skills transfer Memorandum of Understanding (MoU) in Tanzania.
The MoU which was signed in a separate room during the ongoing energy congress held in Dar es Salaam, Tanzania, comes at the right time as the fourth congress stresses on the continent’s top performers and technocrats to share knowledge and build meaningful …
- Tanzania’s Energy Minister Hon. January Makamba invites participants to TEC
- Patrons to review opportunities in Tanzania’s $30bn LNG investment
- Despite huge natural gas deposits, majority of Tanzania relies on firewood, charcoal
With an abundance of a diverse collection of natural energy resources, Tanzania is now poised to make the most of this enormous wealth that largely remains untapped. To this end, Tanzania is this August hosting its fourth edition of the Tanzania Energy Congress (TEC).
The highly anticipated executive summit will be hosted in the country’s commercial port city of Dar es Salaam 3 – 4 August 2022. Two day conference is held under the auspicious leadership of the Minister for Energy of the United Republic of Tanzania, Hon. January Makamba and will highlight the Ministry of Energy’s plans and priorities for both the energy and hydrocarbons sector in Tanzania.
The conference is thus, the opportune opportunity for investors to …
- Tanzania plans to explore more natural gas reserves in F22/23
- Only 30 per cent of the area has been explored for natural gas reserves
- Uganda and Kenya are developing their oil and gas sectors swiftly
Oil and gas in Tanzania is the shining armour with the potential to draw trillions and expand the economy.
Tanzania has an ambition, and it is gigantic enough to levitate its global economy towards an oil and gas stage. The East African nation’s natural gas landscape is the new playing ground with the potential to transform the nation’s labour and industrial complex.
Natural gas in Tanzania is the new big deal. This form of energy isn’t only clean and safe, but it is a lucrative business with the potential to draw trillions of dollars for the nation.
According to the ministry of energy, Tanzania has discovered 57 trillion cubic feet (tcf) of natural gas. This …
- Tanzania’s Government is scheduled to open the 2022 Tanzania Energy Congress (TEC) this August in the country’s commercial port city of Dar es Salaam
- TEC will highlight the plans and priorities of the Ministry of Energy with regard to the next strategic steps in both the energy and hydrocarbons sectors in Tanzania
- This annual event premiered four years ago under the steward strategic partnership of Ocean Business Partners Tanzania
Tanzania’s Government is scheduled to open the 2022 Tanzania Energy Congress (TEC) this August in the country’s commercial port city of Dar es Salaam.
Hosted under the flagship of the Energy Ministry, under the patronage of His Excellency January Makamba, Minister for Energy, TEC will highlight the plans and priorities of the Ministry of Energy with regard to the next strategic steps in both the energy and hydrocarbons sectors in Tanzania.
The two-day conference (3 – 4 August 2022) will feature …
Over the past decade, Tanzania’s oil and gas industry has demonstrated astonishing milestones in energy generation and consumption, demonstrating that an industrialized Tanzania might be a feasible ambition for East Africa’s fastest-growing economy.
Since Tanzania discovered natural gas in 1974, remarkable developments have been achieved. These include saving over $ 10 billion USD, used in purchasing heavy fuel oil (HFO) and other fossil fuels (diesel and petrol in particular) for industrial production and power generation.
According to the Ministry of Energy, until May 2019, the Tanzania Petroleum Development Corporation (TPDC) had collected over $ 210 million USD (from gas sales and exploration), exceeding the intended target of over $ 171 million for the fiscal year 2018/ 2019.
Currently the energy arena in Tanzania seems to be working positively. The upcoming Oil and Gas Congress (commencing on 2nd and 3rd of October), anticipates profitable sectorial merits, necessary to expanding …
Tanzania plans to streamline its oil and gas industry to the world, via a robust and tailor-made, two-day congress, commencing on 2nd and 3rd of October 2019.
For a third time, Tanzania will host the Oil and Gas Congress and attract delegates from over 67 nations across the globe, including sector’s crucial players: Oman, UAE, Canada, Brazil, UK, Norway, and India.
Organized by Ocean Business Partners and CWC, via a partnership with other essential government parastatals and private sector in Tanzania, the 3rd Oil and Gas Congress stands to be an event not to be missed.
Tanzania—has been ascending in the extractives sector’s ladder quite steadily over the past decade, levitating commercial aspects in natural gas production and enhancing national content take-up across the country by building capacity with local suppliers, technocrats and consumers.
In that context, the anticipated and eye-catching congress is yet another concrete and calculated …
General Electric (GE) has upgraded the gas turbines at the Songas Ubungo Power Plant in Dar es Salaam, Tanzania.
The upgrade of three GE LM6000PA and one LM6000PC aero-derivative gas turbines is expected to improve the efficiency of the Songas Ubungo Power Plant, which delivers more than 20 per cent of the grid-connected power in Tanzania.
Songas managing director Nigel Whittaker said: “We are very pleased with GE’s execution because it was completed safely and ahead of schedule, with great commitment and consistency across the four LM6000 units.
“The successful completion of this project not only improves Songas’ performance levels, but through the additional reliable supply of electricity, continues to contribute to the economic development of the country, making a significant difference in the lives of Tanzanians.”
As part of the upgrade, GE has installed its SPRayINTercooling (SPRINT) technology on two of the four units. The technology has been designed …
Tanzania’s Oil and Gas firm, Swala Oil has declared Force Majeure under the Kilosa-Kilombero Production Sharing Agreement (“PSA”).
What this means is that the firm will further delay its drilling programme as it awaits a review of existing PSAs.
Swala Oil is an oil and gas company with extensive interests in Tanzania and Burundi. Its current exploration operations include the Kilosa-Kilombero license in Tanzania with a 75 per cent participating interest, and Block D in Burundi with a 100% participating interest.
A statement from the firm notes that in 2018 the Joint Venture resolved the issues of permitting that had prevented access to, and drilling operations in, the Kilosa-Kilombero area. In late 2018 the Joint Venture commenced the tendering process to select drilling contractors and teams.
In January 2019 it selected a drilling team and started planning the 2019 drilling campaign. On the 30th January 2019 it was advised by …