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Tanzania Mining News
International Finance Corporation Proposes USD 25 Million Tanzania Rare Minerals Investment Print E-mail
Wednesday, 12 November 2014

international-finance-corporation-ifc-tanzania-minerals-investment-partnershipIn partnership with the Appian Natural Resources Fund LP, the International Finance Corporation (IFC), a member of the World Bank Group, has proposed a USD 25 million investment in the Ngualla Rare Earth Project in Tanzania, which is currently being managed by Australia-based Peak Resources Limited.

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World Bank And AfDB Provide Funds To Improve Tanzania Energy Infrastructure Print E-mail
Thursday, 06 November 2014

world-bank-african-development-bank-tanzania-energy-developmentIn an effort to facilitate trade and improve infrastructure of the Tanzania electricity sector, the World Bank and the African Development Bank (AfDB) have agreed to provide Tanzania with USD 1 billion over the next two years.

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Cement Company Seeks License For Tanzania Power Plant Print E-mail
Tuesday, 04 November 2014

dangote-cement-tanzania-power-plant-licenseNigeria-based Dangote Cement has applied for a license to construct a 75MW coal-fired Tanzania power plant to provide power to a USD 500 million cement factory that is also currently under construction.

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Total and BP Eye Tanzania Gas Print E-mail
Friday, 31 October 2014

tanzania-gas-total-bpAccording to Tanzania Minister of Energy and Minerals Sospeter Muhongo France-based oil company, Total, and UK-based oil company, BP, have both expressed interest in Tanzania oil and gas exploration.

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USD 7 Million Sale For Stake In Tanzania Gas License Print E-mail
Thursday, 23 October 2014

aminex-solo-oil-tanzania-gas-licenseLondon-based oil and gas firm, Aminex PLC, has announced the USD 7 million sale of up to 13% of its stake in its Tanzania Kiliwani North Development License to Solo Oil PLC.

 

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Norwegian Oil Company Discovers Tanzania Offshore Gas Print E-mail
Monday, 20 October 2014

Statoil-ExxonMobile-TanzaniaNorway-based Statoil ASA (STO) has announced the discovery of an additional 1.2 trillion cubic feet of Tanzania offshore gas in the block 2 area that is shares with its partner ExxonMobil (XOM), which brings its total volume to approximately 216 million barrels of oil equivalent.

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New Tanzania Gas Discovery Increases LNG Capacity Print E-mail
Saturday, 18 October 2014

Tanzania-Oil-GasOphir Energy has announced a new Tanzania gas discovery in its Block 4 Kamba-1 well, indicating discoveries of 1.03 trillion CF in the Kamba and Fulusi prospects and an increase in the capacity of a liquefied natural gas (LNG) train.

 

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Deal Signed To Connect Tanzanian Power Grid To Zambia And Kenya Print E-mail
Thursday, 16 October 2014

tanzania-ministry-energy-mineralsIn a USD 455 million agreement that was signed on September 30 2014, a 400MW Zambia-Tanzania-Kenya (ZTK) Power Grid Interconnection Project will be completed early next year that will connect the Tanzania power grid to Zambia and Kenya.

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Ophir To Buy BG Group Stake in Tanzania Offshore Block 3 Print E-mail
Monday, 13 October 2014

Ophir-Energy-Tanzania-Block-3Ophir Energy has applied to the government of Tanzania to take over 60% interest and operatorship of the Block 3 license from BG Group, bringing its total stake in the block to 80%.

 

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USD 400,000 Grants Awarded To Support Tanzania Rural Electrification Project Print E-mail
Sunday, 12 October 2014

United-States-African-Development-Foundation-Tanzania-USADFThe United States African Development Foundation (USADF) has awarded four local firms with USD 400,000 in grant funding to support the Tanzania rural electrification project.

 

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