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:

  • Specialty and Custom Chemicals Exhibition
  • 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.
  • Dedicated to the Engineering Manufacturing Sector in India
  • Air Conditioning Hire
  • Lavorwash is a world-leader in manufacturing high pressure cleaners and vacuum cleaners for household and professional use.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • The Western Group has been in business for over two decades and was set up primarily to service the Oil & Gas Industry Sectors.
  • Suppliers of generators for every application
  • EuropCorr is a company specialized in design, manufacturing, sales and consultancy of corrosion monitoring systems mainly for petrochemical, oil and gas industry.
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  • Narrowtex is a fully integrated company with processes such as warping, weaving, knitting, dyeing, finishing, make-up and packaging
  • Global Air Freight Solutions For Oil & Gas Shipments
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • A world leading name in Heat Transfer Technology
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • Global Air Freight Solutions for Oil & Gas Shipments.
  • South African incinerator and cremator designer and manufacturer making significant inroads into overseas markets.
  • VALSER Oil & Gas Limited was created to service the oil & gas, petrochemical, refining and power industries in East Africa
  • Manufacturer of heavy duty machinery
  • VEGA Grieshaber KG is a world-leading supplier of level, switching and pressure instrumentation.
  • Shenzhen City, Riland Industrial Co., Ltd. is China
  • Leading manufactures and expoters of the electronic products
  • Pumping solutions, a technological potential.
  • TITAN Containers is one of the largest privately owned companies supplying containers for a multitude of applications.
  • Save your power bill by instaling servo voltage stabilizer.

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
© 1998-2025 Afrotrade