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:

  • Shenzhen City, Riland Industrial Co., Ltd. is China
  • Manufacturer of heavy duty machinery
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • Catering for the most varied industrial storage requirements.
  • Speco Ltd. is the leading manufacturer & supplier of Asphalt Mixing Plant, Concrete Batching Plant, Crushing Plant & Optimized Integrated Flue Gas Treatment System.
  • Pumping solutions, a technological potential.
  • The Western Group has been in business for over two decades and was set up primarily to service the Oil & Gas Industry Sectors.
  • Specialty and Custom Chemicals Exhibition
  • Magazine for Africa
  • Manufacturing and marketing "aira" brand Valve Automation Products
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • Used Machinery
  • Air Conditioning Hire
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  • 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.
  • BMC China Exhibition Co., Ltd is the wholly-owned subsidiary of German Enerxy AG Group
  • Suppliers of generators for every application
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  • Dedicated to the Engineering Manufacturing Sector in India
  • We have been at the forefront of plate heat exchanger technology.
  • Multi feedstock batch processing biodiesel equipment
  • TITAN Containers is one of the largest privately owned companies supplying containers for a multitude of applications.
  • BITZER ranks among the leading manufacturers of refrigerant compressors.
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • South African incinerator and cremator designer and manufacturer making significant inroads into overseas markets.

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