Browsing: Shell Tanzania

  • ExxonMobil, Shell, and Ophir Energy are doubling down on Tanzania’s LNG
  • Tanzania plans to explore more natural gas in the next financial year F22/23
  • The LNG project is expected to commence in 2025

Tanzania’s Liquified Natural Gas (LNG) base just got much more interesting as the government of Tanzania and a consortium of oil and gas giants—Shell, ExxonMobil, Equinor, and Ophir Energy ink an initial Host Government Agreement (HGA) to realize a $30billion LNG project in Tanzania.

Over the past five years, LNG in Tanzania has grown to become another crucial tool for Tanzania to enhance its economy and transform its energy sector for the long term.

Tanzania LNG developments put Tanzania in a very competitive sport across the continent and the world.

The project is slated to commence in 2025—once negotiations are successful, Tanzania eyes the project as among the top three flagship investments, placing Tanzania as a strategic, …

  • Tanzania has an estimated  57 trillion cubic feet of natural gas reserves
  • ExxonMobil, Equinor, and Shell are among two top energy giants investing in Tanzania gas
  • Tanzania has secured a $30 billion investment in its LNG project

Tanzania’s natural gas reserves have just proven to be extremely necessary for the nation’s economy and energy sector at large.

On April 29, Tanzania took the extractive sector to another level by nailing an agreement with exploration companies to construct a vast liquefied natural gas (LNG) plant worth $30 billion.

Tanzania’s LNG sector presents a necessary power generation and consumption potential, and the plant is just a success story for Tanzania.

According to information from The Citizen, a team of experts is currently in negotiations with five oil and gas firms – Shell, Equinor ExxonMobil, Pavillon, and Ophir as the project will be executed in the Lindi region, south of Tanzania.

Natural gas …