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:

  • Hevt Duty Machinery
  • 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.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • South African incinerator and cremator designer and manufacturer making significant inroads into overseas markets.
  • Manufacturer & Trader of coil winding machines, toroidal coil winding machines, wire bunching machines, complete winding solution
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • Dedicated to the Engineering Manufacturing Sector in India
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  • 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.
  • Manufacturer of auxiliary equipments
  • Suppliers of generators for every application
  • Automatic brick manufacturing machines
  • A world leading name in Heat Transfer Technology
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • Manufacturer of heavy duty machinery
  • Global Air Freight Solutions for Oil & Gas Shipments.
  • Air Conditioning Hire
  • VEGA Grieshaber KG is a world-leading supplier of level, switching and pressure instrumentation.
  • Multi feedstock batch processing biodiesel equipment
  • Specialty and Custom Chemicals Exhibition
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • Narrowtex is a fully integrated company with processes such as warping, weaving, knitting, dyeing, finishing, make-up and packaging

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