Tanzania Expect to Start Negotiations for LNG Project in April 2019

The Ministry of Energy of Tanzania recently issued a statement in which it explains that it will start discussions about the Liquefied Natural Gas (LNG) project for the processing and sale of gas in the country at the beginning of the April 2019.

The Minister of Energy, Dr. Medard Kalemani, commented during a meeting with Equinor, one of the energy companies that are involved in the project: “The government has decided to implement this project due to its importance in the growth of the country’s economy.”

Dr. Kalemani suggested that the discussion will focus on ensuring that both parties benefit from the project.

The onshore LNG plant will be located in the southern town of Lindi close to the deep-sea offshore blocks where most of Tanzania’s gas discoveries have been made.

Equinor has not published any recent statement about the project. In a previous document, it indicates that the construction of the plant is estimated to take 4 to 5 years and after start-up production is expected to last for more than 30 years.

Tanzania Natural Gas

Tanzania has proven natural gas reserves of 57 trillion cubic feet, with at least 49.5 trillion cubic feet of those reserves far offshore in the Indian Ocean.

The Ministry of Energy of Tanzania first announced its intention to develop an LNG plant in Tanzania in 2014.