Norway’s state energy company Equinor is considering reviving the long-stalled Tanzania LNG project with Shell, as disruption to shipments through the Strait of Hormuz could continue into the fourth quarter of this year, or possibly extend to 2027.

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Tanzania Petroleum Development Corp, TAQA affiliate Rosetta Energy and the infrastructure investor Africa50 have signed a binding gas sales agreement (GSA) for East Africa LNG, Tanzania’s first LNG export terminal.

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Tanzania is working towards signing a $42 billion LNG project agreement before June, with first production envisaged in eight years, Planning and Investment Minister Aida Mkumbo said during a London briefing. The project targets 47 Tcf of offshore reserves in Blocks 1, 2, and 4 off Lindi in southern Tanzania, with a view to developing a 10 mtpa LNG export terminal.

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The East African nation of Tanzania said contract preparations are under way with Norwegian energy major Equinor and UK-based Shell to construct a $30 billion liquefied natural gas export project.

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Tanzania said it expected to join the group of liquefied natural gas exporters by 2023 in a project involving companies such as Norwegian oil and gas player Equinor and Singapore-based Pavilion Energy as well as two oil majors.

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The Fortuna floating liquefied natural gas project offshore Equatorial Guinea in West Africa remains firmly on schedule for a final investment decision in the next few months.

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Royal Dutch Shell and energy partners from Singapore and the UK have started a drilling programme covering two wells as part of the possible development of a liquefied natural gas export project in the East African state of Tanzania.

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Ophir Energy of the UK said its Fortuna floating liquefied natural gas project offshore Equatorial Guinea in West Africa was now a low-cost upstream venture and technically ready for a final investment decision soon.

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Wednesday, 01 June 2016 05:59

Reliance in East Africa sale

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June 1 (LNGJ) - Reliance Industries of India said its energy unit has sold a key African subsidiary to French energy company Total for an undisclosed sum. Total has purchased Mauritius-incorporated Gulf Africa Petroleum Corp. with operations in the East African states of Tanzania, Kenya and Uganda.

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Viability of BG Group's planned LNG export project in Tanzania is boosted by higher-than-anticipated flow rates at a test well at its Mzia discovery, which reduce reservoir risk.

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