M a r k e t N e w s

Tanzania is Bagging Billions in Natural Gas Investments

Posted on : Wednesday , 25th May 2022

Tanzania liquefied natural gas front has received a US$30 billion shot in the arm from large energy companies including Equinor and Exxon Mobil.

 

• Tanzania has an estimated 57 trillion cubic feet of natural gas reserves

 

• ExxonMobil, Equinor and Shell are among top 2 energy giants investing in Tanzania gas

 

• Tanzania has secured a US$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 2022, 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 5 oil and gas firms - Shell, Equinor ExxonMobil, Pavillon and Ophir as the project will be executed in the Lindi region, south of Tanzania.

Source : www.abafnz.com
Featured Companies
  • Bajaj Auto
  • Tire Group International, LLC.
  • /
  • TITAN Containers A/S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Manufacturing and marketing "aira" brand Valve Automation Products
  • Manufacturers & Exporters of hand tools, garden tools & leatheer tool pouches.
  • ABL Machine Tools, One of the group companies of ABL India is India
  • Sonmez Makina Ltd. is a manufacturer and exporter company for filling systems of domestic use LPG cylinders.
  • Fuel Metering System
  • Unipro was born to transmit and give it’s experience in trading high quality safety equipments ensuring high quality products under international standards required in the Oil and Gas, Mining, Construction, automotive, Steel and Chemical industries.
  • Vrushabh is one of the leading manufacturer and distributor of Conveyor Belts, Transmission Belts, Elevator Belts, PVC Belts.
  • Speco Ltd. is the leading manufacturer & supplier of Asphalt Mixing Plant, Concrete Batching Plant, Crushing Plant & Optimized Integrated Flue Gas Treatment System.
  • Portwest is a global vertical company with over 100 years of experience in the design, manufacture and supply of protective clothing, safety footwear, specialist gloves and PPE to resellers and distributors at the most competitive prices.
  • SS Gas Lab Asia is a reputed engineering company, engaged in manufacturing of carbon dioxide gas plants, hydrogen gas plants, nitrogen dioxide gas plants, CO2 storage tanks, CO2 transportation tankers and dry ice plants.
  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  • K & S Financial Group is the link between the end buyer and a reputable Russian refinery.
  • BITZER ranks among the leading manufacturers of refrigerant compressors.
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  • We manufacture; As Welded, Outer Diameter Conditioned, and Bead Hammered stainless steel tubing to ASTM standards We manufacture; As Welded, Outer Diameter Conditioned, and Bead Hammered stainless steel tubing to ASTM standards
  • Used Machinery
  • The Western Group has been in business for over two decades and was set up primarily to service the Oil & Gas Industry Sectors.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • EuropCorr is a company specialized in design, manufacturing, sales and consultancy of corrosion monitoring systems mainly for petrochemical, oil and gas industry.
  • Suppliers of generators for every application
  • Save your power bill by instaling servo voltage stabilizer.
  • Magazine for Africa
  • Manufacturer of auxiliary equipments

Home | About Afrotrade | Advertise With Us | Trade Events | Contact Us | Link to us | Terms |  Follow us on : Facebook
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2022 Afrotrade