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.
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.
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.
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.
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.
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.
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.
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.
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.
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.