Tanzania: Regime signs natural gas deal with Equinor and Shell

Source: Al Jazeera [Qatar state media]

“Tanzania has signed a framework agreement with Norway’s Equinor and Britain’s Shell that will bring them closer to starting construction on a $30bn project to export liquefied natural gas (LNG). The deal announced on Saturday foresees a final investment decision by 2025, and a start of operations by 2029-2030 at a liquefied natural gas plant to be built in Tanzania’s southern coastal town of Lindi. It marks a significant step forward in Tanzania’s efforts to jumpstart the export of part of the vast gas deposits off its coast, estimated at more than 57 trillion cubic feet (1,630 billion cubic metres).” (06/11/22)