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.
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%.