Oil & Gas

Tanzania is advancing plans for a liquefied natural gas (LNG) project in Lindi valued at more than TSh70 trillion, marking one of the country's largest infrastructure investments. Led by the Tanzania Petroleum Development Corporation (TPDC), the project aims to commercialize over 47 trillion cubic feet of discovered natural gas reserves, with construction expected to begin later this year following ongoing negotiations between the government and investors.

Speaking at the 50th Dar es Salaam International Trade Fair (DITF), TPDC geologist Samwel Magambo said the LNG project would transform Tanzania's energy sector while creating thousands of jobs and unlocking significant business and investment opportunities. He noted that the project is expected to stimulate economic activity across multiple sectors through increased demand for goods, services, and supporting infrastructure.

The government has emphasized that investor agreements must protect national interests while attracting the capital needed to develop the project. A key component is Tanzania's local content policy, which seeks to ensure local companies and workers benefit through procurement opportunities, employment, and service contracts, allowing more of the project's economic value to remain within the country.

To support the project's development, TPDC has allocated more than TSh100 billion this financial year for three-dimensional seismic surveys to improve geological mapping and reduce exploration risks. The LNG facility forms a key part of Tanzania's Vision 2050 agenda, with the potential to strengthen energy security, support industrialization, boost exports, and position Tanzania among Africa's leading LNG-producing nations.