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:

  • Save your power bill by instaling servo voltage stabilizer.
  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  • BITZER ranks among the leading manufacturers of refrigerant compressors.
  • Manufacturers & Exporters of hand tools, garden tools & leatheer tool pouches.
  • 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.
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • A world leading name in Heat Transfer Technology
  • Automatic brick manufacturing machines
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • Dedicated to the Engineering Manufacturing Sector in India
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • Manufacturer of heavy duty machinery
  • K & S Financial Group is the link between the end buyer and a reputable Russian refinery.
  • Mini plants of toilet paper rolls production
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • Manufacturer of auxiliary equipments
  • Shenzhen City, Riland Industrial Co., Ltd. is China
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • The Western Group has been in business for over two decades and was set up primarily to service the Oil & Gas Industry Sectors.
  • We have been at the forefront of plate heat exchanger technology.
  • Leading manufactures and expoters of the electronic products
  • VEGA Grieshaber KG is a world-leading supplier of level, switching and pressure instrumentation.
  • FAS Flüssiggas-Anlagen GmbH, Salzgitter, is one of the leading manufacturers and suppliers of LPG fittings and components for complete stations for the storage
  • Catering for the most varied industrial storage requirements.
  • Ducorr is engaged in the engineering, manufacture & deployment of cathodic protection systems and products.

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