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
  • GULF WELL SOLUTIONS
  • SKYTRADE GLOBAL ENTERPRISES LTD
  • /
  • MAVI DENIZ CEVRE HIZ A.S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Mini plants of toilet paper rolls production
  • Magazine for Africa
  • Automatic brick manufacturing machines
  • 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.
  • Manufacturing and marketing "aira" brand Valve Automation Products
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  • Speco Ltd. is the leading manufacturer & supplier of Asphalt Mixing Plant, Concrete Batching Plant, Crushing Plant & Optimized Integrated Flue Gas Treatment System.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • ISISAN is a core member of a group who employs, approx 2000 people and active in pipe manufacturing, furniture, machine made carpets, flour mill and animal feed production.
  • Leading manufactures and expoters of the electronic products
  • Fuel Metering System
  • BITZER ranks among the leading manufacturers of refrigerant compressors.
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • Specialty and Custom Chemicals Exhibition
  • Ducorr is engaged in the engineering, manufacture & deployment of cathodic protection systems and products.
  • Used Machinery
  • K & S Financial Group is the link between the end buyer and a reputable Russian refinery.
  • Vrushabh is one of the leading manufacturer and distributor of Conveyor Belts, Transmission Belts, Elevator Belts, PVC Belts.
  • South African incinerator and cremator designer and manufacturer making significant inroads into overseas markets.
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • Global Air Freight Solutions for Oil & Gas Shipments.
  • We offers high quality, Competitive price and satisfied service always

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
© 1998-2026 Afrotrade