(Bloomberg) — Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said. Advertisements
Tanzania has ordered all mineral-producing regions in the East African nation to set up government-controlled trading centres by the end of June, accelerating efforts to curb illegal exports of gold and other precious minerals.
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Uganda, Tanzania and their partners in the East African Crude Oil Pipeline are yet to agree on provisions of the host government agreement, shareholder agreements and transportation tariffs.
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Tanzania has given Barrick Gold-subsidiary Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a shutdown, but the country’s No.1 gold producer said Friday a brief spill affecting the operation has already been halted.
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Tanzania’s Stiegler’s Gorge Dam, due to be built on a Unesco World Heritage site, will cost more than double the government’s estimates, an independent study showed on Thursday.
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Tanzania’s contractors have committed to set up a 400 kilovolt (kV) transmission line alongside other accompanying substations. This development which is line with the Kenya-Tanzania Power Interconnection Project involves the construction of an overhead transmission line from Singida in Tanzania to Isinya in Kenya.
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There is strong interest across the industry in making LNG-to-power work in sub-Saharan Africa, but nobody has yet cracked a structure that works.
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Tanzania intends to cancel permits for mineral sites belonging to large-scale miners that remain undeveloped and will allocate the licences to smallholders, President John Magufuli said, quoted by Bloomberg.
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The Southern African Power Pool (SAPP) will prioritise connecting Malawi, Tanzania and Angola to the regional electricity grid by 2021, with an additional 22 000 MW of electricity generation capacity to be added to the regional grid by 2022.
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Wentworth is now the number one supplier of gas for electricity in Tanzania from the Mnazi Bay field.
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