Africa Oil & Gas: Tanzanian Gas Issues
Tanzanian natural gas producers in the Mnazi Bay field reported that at the end of July, production increased to an average of 90 Mmcf/d and has received payment for some of that production.
Read MoreTanzanian natural gas producers in the Mnazi Bay field reported that at the end of July, production increased to an average of 90 Mmcf/d and has received payment for some of that production.
Read MoreTanzania government has said it is still holding discussions with investors on the planned Liquefied Natural Gas (LNG) plant even though Members of Tanzania Parliament (MPs) want a speedy conclusion to the negotiations, according to The Citizen report.
Read MoreTanzania’s announcement that it is seeking to hire consultants to reinvigorate stalled negotiations on a proposed liquefied natural gas development will likely be welcomed by the industry. But problems elsewhere in the oil and gas sector suggest that relations between government and producers remain strained.
Read MorePertamina’s junior partner in the Tanzanian producing gasfield of Mnazi Bay has pointed to a big improvement in the punctuality of payments by gas offtakers there.
Read MoreTanzania’s government has prepared a draft agreement with international oil companies willing to take part in a $30-billion LNG export project, and has sent the draft for ministerial review, local media reported on Wednesday, citing a senior official at the Ministry of Energy and Minerals.
Read MoreShell and its joint venture partners, Pavilion Energy and Ophir Energy, have announced the start of its drilling programme covering two wells in Block 1 and 4, located in the Mafia Deep basin off Tanzania. The rig supporting the programme – the Noble Globe Trotter 2 – is expected to commence operations towards the end of October 2016 and will be drilling in waters up to 2300 metres deep.
Read MoreJohn Magufuli, Tanzania’s president on Monday called on the state officials to expedite the development of a US$30 billion LNG project proposed in the area of Likon’go, Mchinga Lindi region.
Read MoreCGG has been awarded a contract by the Tanzanian Petroleum Development Corporation (TPDC) to acquire high-resolution gravity gradiometry and aeromagnetic data over two onshore areas along the South-Eastern Tanzanian Coastal Basin and the eastern arm of the East African Rift.
Read MoreEarlier this month a political dispute over natural gas contracts led to the arrest of two state officials, sending the country’s burgeoning natural gas prospects into chaos—along with billions in foreign investment from major players including ExxonMobil, Statoil, BG Group and Ophir.
Read MoreTanzania is in final stages of evaluating bids for oil and gas blocks it offered in its latest bidding round and plans to pick the winners before the end of this year, its upstream regulator said on Friday. East Africa is a new hotspot in hydrocarbon exploration after substantial deposits of crude oil were found in Uganda and major gas reserves were discovered in Tanzania and Mozambique.
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