Tanzania and U.S. to Finalize Agreements on LNG, Tembo Nickel and Mahenge Graphite Projects

Tanzania’s President Hassan and the United States Acting Ambassador agreed to conclude negotiations for LNG, Tembo Nickel, and Mahenge Graphite projects to enhance investment and economic cooperation.
Andrew Lentz Samia Suluhu Hassan

The President of Tanzania, Dr. Samia Suluhu Hassan, met with Andrew Lentz, the Chargé d’Affaires ad interim of the U.S. Embassy in Dar es Salaam.

The meeting, held at the State House in Dodoma on December 8, 2025, follows the United States’ announcement to review its relations with Tanzania in the wake of the October 29 election protests and the subsequent crackdown.

The discussions focused on strengthening economic, political and security cooperation between Tanzania and the United States.

Tanzania Investment Guide 2026 Free Edition

The meeting reviewed progress on large-scale investment projects and confirmed the intention to conclude final negotiations for the Liquefied Natural Gas (LNG) project and the Tembo Nickel project ahead of their official signing soon, as well as ongoing preparations for the Mahenge Graphite project.

Lentz reaffirmed the United States’ commitment to working with Tanzania on the basis of shared prosperity rather than aid dependency.

President Hassan welcomed the commitment and confirmed that Tanzania continues to finalize the remaining procedures required for the investments.

“As a non-aligned nation, Tanzania is open and ready to cooperate with all partners who respect our sovereignty and share our development vision,” President Hassan said.

“These strategic projects are vital to the country, and we are determined to complete them to unlock jobs, strengthen investment and improve the well-being of our citizens.”

Tanzania Investment Guide 2026 Full Edition

President Samia also noted that more than 400 United States companies are currently operating in Tanzania, reflecting stable investment conditions and long-standing economic relations between the two countries.

The discussions also covered wider areas of cooperation, including political governance, regional security, economic transformation, private sector growth, cooperation in health and people-to-people exchanges.

Lentz commended President Samia on the Tanzania Development Vision 2050 and confirmed the readiness of the United States Government to support its implementation, as well as the philosophy focusing on democracy and governance reforms.

As a result of the meeting, both parties agreed to finalize the remaining negotiations for major strategic projects involving United States companies in the country.

Key Strategic Projects in Tanzania Involving U.S. companies

The Liquefied Natural Gas (LNG) project is valued at USD42 billion
It aims to develop offshore gas resources, increase national revenues and position Tanzania among the leading producers of LNG globally.

The Tembo Nickel project in Ngara is valued at USD942 million
It targets the extraction of nickel, a key mineral in electric vehicle battery production, supporting industrial growth and export earnings.

The Mahenge Graphite project is valued at USD300 million
It will produce high-grade graphite for the renewable energy sector and strengthen Tanzania’s share in the global clean-energy supply chain.

Want to know more about Energy in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Energy, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Related Posts
Tanzania gold production 2025-2026
Read More

Tanzania Gold Production Reaches 67.8 Tonnes, Central Bank Buys 75.64%

Tanzania's Ministry of Minerals reported that the country produced 67.8 tonnes of gold worth TZS 18.4 trillion in the 2025/26 financial year, with 28,701 kilograms sold through five domestic refineries. The Bank of Tanzania purchased 21,710 kilograms, equivalent to 75.64% of that volume, under its Domestic Gold Purchase Programme to strengthen the country's foreign reserves.
North Rukwa Project helium licence map, Tanzania
Read More

Noble Helium Raises AUD 12 Million, Secures Rig for North Rukwa Drilling

Noble Helium Limited (ASX:NHE) raised AUD 12 million and converted AUD 6.603 million of debt to equity during the June 2026 quarter, ending with AUD 6.689 million in cash, according to its latest quarterly report. The company has contracted a rig to drill two wells at its Kinambo prospect within the North Rukwa Project in Tanzania, with mobilisation expected in August 2026.
Presidents Samia Suluhu Hassan and Yoweri Museveni witness the Tanga Regional Energy Hub MoU signing, State House Dar es Salaam
Read More

Tanzania, Uganda Sign MoU for USD 20 Billion Tanga Energy Hub

Tanzania and Uganda signed a Memorandum of Understanding at State House on 6 August 2026 to develop Tanga as a Regional Energy Hub, a deal Tanzania's Energy Minister said could attract investment exceeding USD 20 billion. The agreement, signed by the Uganda National Oil Company, the Tanzania Petroleum Development Corporation, and Vitol Bahrain E.C., covers petroleum storage, refining, logistics, and distribution infrastructure at the port of Tanga, building on the East African Crude Oil Pipeline.
Samia Suluhu Hassan Africa50 Forum Dar es Salaam 2026
Read More

Tanzania President Calls for Faster Infrastructure Delivery Via PPPs as Country Signs Five Agreements on Power Transmission, Gas and Health

Tanzania President Samia Suluhu Hassan called for faster infrastructure delivery through public-private partnerships (PPPs) as Tanzania signed five agreements at Africa50's Infra for Africa Forum, covering an electricity transmission PPP with TANESCO, natural gas supply to local industry with TPDC and TAQA Arabia, and expanded kidney dialysis care. Africa50 secured USD 70 million in new capital from British International Investment, the Italian Climate Fund and Proparco, the private sector financing arm of the French Development Agency group (AFD).