Tanzania will next week start setting indicative prices for natural gas to guide potential investors.   Currently the prices of natural gas are negotiated between the buyer and the government-owned Tanzania Petroleum Development Corporation (TPDC), which is the seller.   The Energy and Water Utilities Regulatory Authority (Ewura) is expected to announce the first list of the prices for 2017 by December 30.   Ewura's director.... Read more »

Posted on : Thursday , 29th December 2016

The process of constructing the envisaged liquefied natural gas (LNG) plant to sit on the land of Lindi Region has now entered the negotiation stage of the Host Government Agreement (HGA), it has been revealed.   The HGA is a legal agreement between a foreign investor and a host government governing the rights and obligations of the foreign investor and the host government concerning the development, construction and operation of a.... Read more »

Posted on : Wednesday , 28th December 2016

Dar es Salaam — Major oil and gas companies are now planning to resume negotiations with the government on a production sharing agreement (PSA) next year for the planned liquefied natural gas (LNG) plant.   BG Group which was acquired by Royal Dutch Shell, alongside Statoil, Exxon Mobil and Ophir Energy, plan to build a $30 billion (Sh66 trillion) onshore LNG export terminal in partnership with the state-run Tanzania Petroleum.... Read more »

Posted on : Friday , 23rd December 2016

Oil and gas exploration activities in East Africa are expected to rise in 2017 as global confidence in the sector increases with improving prices.   London-based Wood Mackenzie (Woodmac) energy, metals and mining consultancy firm, expects a resurgence of activities in the region, as explorers create more value by drilling wells when crude oil prices on the international market begin to rise.   Crude prices had risen to $53.24 per.... Read more »

Posted on : Thursday , 22nd December 2016

Oil and gas exploration activities in East Africa are expected to rise in 2017 as global confidence in the sector increases with improving prices.   London-based Wood Mackenzie (Woodmac) energy, metals and mining consultancy firm, expects a resurgence of activities in the region, as explorers create more value by drilling wells when crude oil prices on the international market begin to rise.   Crude prices had risen to $53.24 per.... Read more »

Posted on : Thursday , 22nd December 2016

ZANZIBAR President Ali Mohamed Shein yesterday signed into law, the Oil and Gas Development/Management Bill, an important step that will empower the semi-autonomous part of the United Repub lic of Tanzania to manage its own natural resources.   The signing of the bill into law brings to an end weeks of anxiety, with the people, legislators and lawyers embroiled in heated argument on the legal powers Dr Shein had to sign the new.... Read more »

Posted on : Tuesday , 20th December 2016

ORYX Energies has completed the construction of a new Liquefied Petroleum Gas (LPG) cylinder filling and storage depot in Dodoma, to give families access to a cost effective and cleaner way of cooking.   Company's Country Director, Mr Nick McAleer said the filling and storage facility marks the end of a key phase of investment in new and upgraded LPG facilities across the country over the past 18 months. He said the choice of Dodoma.... Read more »

Posted on : Tuesday , 20th December 2016

Kenya plans to subsidise the cost of cooking gas cylinders to promote safer sources of energy to households.   The government says it intends to promote liquefied petroleum gas (LPG) as the preferred alternative source of energy for cooking, replacing kerosene, charcoal and firewood, which are used by 87 per cent of Kenyans.   The Treasury has provided $200 million in this year's budget to roll out the subsidies and the Ministry of.... Read more »

Posted on : Thursday , 8th December 2016

Dar es Salaam — The work towards the construction of a crude oil pipeline between Uganda and Tanzania is officially on, with project the developers inviting reputable contractors to undertake a social and resettlement plan.   To be known as East African Crude Oil Pipeline, the project - which will transport Ugandan crude to Tanga Port in Tanzania - will be built jointly by a French oil giant Total SA, the UK-based Tullow Oil and and.... Read more »

Posted on : Friday , 2nd December 2016

Tanzania and Zambia are to negotiate a new deal for transport of refined oil and natural gas. The talks will centre around either modernising the existing 1,710km Tazama pipeline, which transports crude oil from the Dar es Salaam port to Zambia, or building a parallel pipeline for gas.   Tanzania’s Minister for Foreign Affairs, East African Regional and International Co-operation Augustine Mahiga said the project will be at the top.... Read more »

Posted on : Tuesday , 29th November 2016

Royal Dutch Shell and its partners -- Pavilion Energy and Ophir Energy -- have announced commencement of gas drilling off the coast of Tanzania in a $80 million investment project.   The drilling will cover two wells in Block 1 and 4, located in the offshore Mafia deep basin and with each depths of up to 2,800 metres.   "In the current investment climate, there is a need to have strong project fundamentals, including.... Read more »

Posted on : Tuesday , 29th November 2016

 Dr Anil Bhandari, an independent consultant and former director of exploration for ONGC, said that India currently produces 2.3 per cent of the world's total energy but 17 per cent of its crude oil imports, essential for meeting energy security needs across multiple sectors, come from Africa. Additionally, Angola and Nigeria are leading exporters of gas to India. India is also investing in hydrocarbons projects elsewhere on the continent,.... Read more »

Posted on : Friday , 25th November 2016