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:

  • VEGA Grieshaber KG is a world-leading supplier of level, switching and pressure instrumentation.
  • A world leading name in Heat Transfer Technology
  • Industrial machinery
  • Manufacturer refrigerated-type air dryer, desiccant air dryer and compressed air in-line filter.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • VALSER Oil & Gas Limited was created to service the oil & gas, petrochemical, refining and power industries in East Africa
  • 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
  • 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.
  • The trusted source for all your heavy equipment needs!
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • Used Machinery
  • K & S Financial Group is the link between the end buyer and a reputable Russian refinery.
  • EuropCorr is a company specialized in design, manufacturing, sales and consultancy of corrosion monitoring systems mainly for petrochemical, oil and gas industry.
  • Catering for the most varied industrial storage requirements.
  • We offers high quality, Competitive price and satisfied service always
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  • Manufacturer of heavy duty machinery
  • Dedicated to the Engineering Manufacturing Sector in India
  • Engineering Expo, is India’s largest multi-location trade show on manufacturing
  • Lavorwash is a world-leader in manufacturing high pressure cleaners and vacuum cleaners for household and professional use.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • Manufacturing and marketing "aira" brand Valve Automation Products
  • Automatic brick manufacturing machines
  • Mini plants of toilet paper rolls production

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