TAQA Arabia, through its subsidiary Rosetta Energy Solutions, Tanzania Petroleum Development Corporation (TPDC), and Africa50, a pan‑African infrastructure investment platform, have signed a Gas Sales Agreement (GSA) for East Africa LNG (EALNG), the venture developing Tanzania’s first small-scale liquefied natural gas (LNG) facility.
First E&P signed a deal with the Tanzania Petroleum Development Corp. last month for the technical assessment and potential development of the Mnazi Bay North Block in southern Tanzania, near fields where vast gas reserves were found in Mozambique.
Tanzania aims to start a licensing round for dozens of oil and gas exploration blocks in May, the first in more than a decade for the nation with an estimated 57 trillion cubic feet of natural gas reserves.
ARA Petroleum announced that the Ministry of Energy in Tanzania has granted a 25-year Development Licence over the Ntorya natural gas discovery area to the Ruvuma joint venture.
Tanzania’s energy sector is on the cusp of significant growth, with vast gas resources and strategic initiatives positioning the country as a key player in the region. With substantial gas reserves, Tanzania aims to become a major LNG exporter, with projects led by industry giants like Equinor, Shell, and ExxonMobil.
HE discovery of commercial oil and gas in Kenya, Somalia, Tanzania and Uganda has re-assessed the petroleum prospectivity of East Africa.
State-owned Tanzania Petroleum Development Corporation (TPDC) has acquired a 20% additional stake in the Mnazi Bay natural gas project. In a deal worth $23.6 million, the acquisition brings the TPDC’s total share in the project to 40%.
Tanzania’s Zanzibar President Hussein Ali Mwinyi on Saturday announced plans to construct a premier port for handling bulk oil and gas cargo.
Tanzania’s government gave its approval on Tuesday for the construction of a
$3.5 billion crude oil pipeline despite human rights and environmental concerns
about the mega-project.
The Tanzanian government has signed a Memorandum of Understanding (MoU) with United Arab Emirates (UAE) National Oil Company (ENOC) for the construction of petroleum receiving and storage infrastructures.