The Lindi region is set to be Tanzania’s economic hub thanks to the planned construction of a liquefied natural gas (LNG) plant.   This was recently announced by Prof. Sospeter Muhongo, Tanzania’s Minister of Energy and Minerals.   He further explained that the Government of Tanzania will invest USD30b in the construction of the plant, which will take up to 40 months.   The plant will be located in the southern.... Read more »

Posted on : Wednesday , 17th August 2016

KenolKobil and British industrial and automotive lubricants manufacturer Castrol have partnered to construct a $15 million (Sh1.5 billion) lubricants factory in Mombasa.   KenolKobil sought the partnership believing it to be a cheaper option than importing the lubricants from South Africa, where it has been obtaining the merchandise from.   The oil Company’s Chief Executive Officer David Ohana confirmed the partnership and.... Read more »

Posted on : Tuesday , 16th August 2016

Kenya is set to join the ranks of oil producing nations after its government approved plans to extract up to 4,000 barrels per day from newly discovered reserves. African multinational oil and gas company Tullow Oil discovered crude deposits in the country's Turkana region in 2012 and is partnering with the country as it readies for full commercial exploration, CNBC reported. Tullow Oil estimated that a pilot scheme will allow 2,000 barrels of.... Read more »

Posted on : Monday , 15th August 2016

In that effort, the Cabinet approved Sh3.2 billion for the upgrading of the Lokichar-Leseru road to smooth the way for the transportation of a projected 2,000 to 4,000 barrels of oil a day from the Turkana oil fields to Eldoret from whence the oil will be transported to Mombasa for refining.   “It is envisaged the crude oil will be transported by rail and road from Eldoret to Mombasa,” a press statement explained.   It.... Read more »

Posted on : Monday , 15th August 2016

Cabinet approved Sh3.2 billion for the upgrade of Eldoret (Leseru) – Lokichar Road during a special sitting on Thursday.   The carriage way is envisioned to facilitate movement of crude oil from Turkana to Mombasa, from where it will be exported.   The road will be used to move 2000 – 4000 barrels oil per day as state prepares to commercialise the mineral.   The Cabinet also approved the upgrade of Kainuk bridge.... Read more »

Posted on : Friday , 12th August 2016

The country will start refining her first crude oil at the Kenya Petroleum Refinery in Mombasa in readiness for export.     To facilitate transportation from the Turkana oil fields, the Eldoret-Lokichar road is being upgraded at the cost of Sh3.2 billion.     Yesterday, President Uhuru Kenyatta chaired a special Cabinet meeting, which gave the nod to full exploration of crude oil discovered in 2012 by UK-based oil and.... Read more »

Posted on : Friday , 12th August 2016

Tanzania and its oil industry partners are to invest $30bn in a gas processing plant that will lead to an “economic revolution”, according to the country’s energy minister.   Sospeter Muhongo, speaking to the Dar es Salaam Daily News, said the government had already embarked on the preliminary work and that Tanzanians should expect rapid growth to begin in a few years.   The Tanzania Petroleum Development.... Read more »

Posted on : Thursday , 11th August 2016

Tanzania is planning to invest at least $30bn in the construction of a gas processing plant in Lindi Region, the country's minister for energy and minerals, Professor Sospeter Muhongo, revealed.   The new plant will require approximately 200kms of gas pipes from the sea to the plant. According to the minister, upon completion of the project, the government will be able to process gas and thus boost the country's economy.   Since.... Read more »

Posted on : Tuesday , 9th August 2016

In East Africa, the government of Tanzania is set to undertake an environmental impact assessment (EIA) in late August for a liquefied natural gas (LNG) project valued at $30 billion. According to local media the BusinessWeek, global energy solutions firm BG Group has partnered with the Tanzania Petroleum Development Corporation (TPDC) to erect the power plant. The site identified by government for the LNG project is situated at Likong'o.... Read more »

Posted on : Monday , 8th August 2016

In East Africa, energy and minerals minister, Professor Sospeter Muhongo, has assured Tanzanians to get ready for the country’s economic transformation.   Muhongo said the transformation is set to come about through the planned construction of a gas processing plant in the Lindi Region.   According to Tanzania Daily News, the minister revealed that for this project, government intends to invest about $30 billion.   Gas.... Read more »

Posted on : Monday , 8th August 2016

 Tanzania plans to complete construction of a crude oil pipeline from Uganda in 2020 at an estimated cost of $3.5 billion, its energy ministry said on Monday.   Uganda said in April it would build a pipeline, to ship out crude from its fields in the Albertine rift basin, through Tanzania rather than Kenya, which had wanted to secure the export route.   Picking a route is vital for oil firms to make final investment decisions.... Read more »

Posted on : Saturday , 6th August 2016

 Dar es Salaam — The government is expected to start an environmental impact assessment (EIA) at the end of this month on land where a $30 billion (Sh64.4 trillion) liquefied natural gas (LNG) project will be undertaken.   The site identified by the government is at Likong'o Village in Lindi Region. Tanzania has more than 55 trillion cubic feet of natural gas reserves.   BG Group, being acquired by Royal Dutch Shell,.... Read more »

Posted on : Thursday , 4th August 2016