Tanzania LNG Project

Overview:

• Tanzania LNG Project.
• BG Group, Statoil, ExxonMobil, Ophir Energy and Tanzania Petroleum Development Corporation (TPDC) intend to construct a liquefaction plant and an onshore two-train LNG export terminal in Lindi.
• Tanzania has 55 trillion cubic feet of natural gas reserves.
• The project was first announced in 2014 but was hit by delays, mainly related to land acquisitions and legislative issues. In April 2017, the government announced that a draft agreement with the project developers was now in place.
• The country intends to export its LNG to Asian markets.

Sam Duke - Editor