May 21, 2024
Suit 25, Mangal Plaza, Nouakchott Street, Wuse Zone 1, Abuja- Nigeria.
OIL & GAS RENEWABLE ENERGY

IAE 2024: Spotlight on Tanzania’s LNG Projects, Gas Prospects

At this year’s Invest in African Energy (IAE), Tanzania will feature as part of an East African regional spotlight. As the country seeks partners across various exploration, development and processing activities, owning an estimated recoverable gas resources of around 57 trillion cubic feet (tcf).

Tanzania is on the move to grow into a major LNG exporter. The country’s flagship Tanzania LNG project – set to process gas from fields operated by Equinor, Shell and ExxonMobil, producing 10 million metric tons per year, is awaiting the signing of a host government agreement that would enable the start of the development. Shell’s Blocks 1 and 4 have an estimated 16 tcf of gas in place, while Equinor’s Block 2 has yielded nine discoveries with more than 20 tcf of estimated reserves.

Tanzania and Uganda had in November last year, signed an agreement to undertake a feasibility study for the construction of a pipeline linking Tazania’s gas fields to Uganda.

Tanzania also also launched its first compressed natural gas filling station and conversion center in Dar es Salaam, developed by TAQA Dalbit – a joint venture between TAQA Arabia and JCG Oil & Gas.

The country’s Taifa Gas is currently leading construction of a $100-million LPG facility in northern Zambia, in partnership with Zambia’s Delta Marimba. It is expected to launch its fifth oil and gas licensing round by June 2024, with licenses to be awarded by December of the same year.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.