32.9 C
Tunisia
Thursday 16 September 2021
HomeAfricaOil and gas export opportunities in Tanzania for UK companies

Oil and gas export opportunities in Tanzania for UK companies

UK Trade and Investment (UKTI) Tanzania has updated their 2014 report which examines the opportunities in the Tanzanian market. The report called ‘High Value Opportunity — Tanzania Oil and Gas’ offers a greater understanding and in-depth knowledge of:current and upcoming oil and gas projectssupply chain opportunities and schedules for the proposed Liquified Natural Gas (LNG) project Tanzania is a growing oil and gas market with on-going discoveries, including 19 exploration blocks. USD 10 to 20 billion investment is projected for exploration and production in the coming decade.

Exploration activities in Tanzania’s deep offshore waters have led to the discovery of 50.5 trillion cubic feet (tcf) of natural gas over the past 2 years. More discoveries are likely to come as drilling campaigns continue to unfold. It is estimated that the recoverable reserves will double to 100 tcf by the year 2015.

Tanzania forms part of UKTI’s East Africa High Value Opportunity (HVO.)

Contents of report

background oil and gas overview of Tanzania opportunities in Tanzania’s LNG project doing business in Tanzania

1 COMMENT

  1. As per current scenario or on recent times several oil discoveries among African countries attract the oil majors and nations towards them. They expecting the new business as well as profit from these youngest oil producing nations.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS