Tanzania Energy Updates
Unveiling Tanzania's Ambitious Sh3 Trillion Energy Development Plan
The budget for the energy ministry in the fiscal year 2023/2024, amounting to TSh 3.049 trillion, aligns with President Samia Suluhu Hassan's objective of expanding electricity provision, preserving the environment through the utilization of sustainable energy sources, safeguarding Tanzanians against fluctuating global oil prices, and ensuring that Tanzanians reap the benefits of the country's substantial natural gas reserves.
- 3 years, 5 months
TANZANIA: Equinor, Shell and Exxon agreed on LNG Project
Equinor (EQNR.OL), Shell (SHEL.L) and Exxon Mobil (XOM.) have agreed a deal with the government of Tanzania for the development of a liquefied natural gas
- 3 years, 5 months
Energy companies conclude talks with Tanzania on LNG
International Energy Companies (IEC) that are involved in negotiations with the government of Tanzania on the LNG project have said that there has been a breakthrough in talks between the two sides.
- 3 years, 5 months
TANGA: The largest LPG depot opened
The LPG depot, which has a capacity of 3,000 metric tons of LPG and is the largest in Tanga in terms of LPG storage, is intended to serve the Tanga region as well as neighboring countries
- 3 years, 5 months
ZANZIBAR to produce its own power
For the first time ever, Zanzibar will start generating its own electricity, a move which will reduce dependence on power transported from Tanzania Mainland.
- 3 years, 5 months
Chinese and African banks anticipated to provide $1.8b for the (Eacop) project.
Chinese and African banks are anticipated to provide $1.8 billion in funding for the East African Crude Oil Pipeline (Eacop) project. The project, which aims to transport Uganda's oil from the Lake Albert oilfields to the Tanzanian port of Tanga, will be financed primarily through debt financing.
- 3 years, 5 months
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