• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Money Matters

Equinor and Royal Dutch Shell are invited to sign a contract with Tanzania

12th November 2021 Chris Kimble

Equinor and Royal Dutch Shell are invited to sign a contract with Tanzania Pin It

Tanzania wants to sign agreements with companies led by Norwegian Equinor and Royal Dutch Shell within six months, a step by which the African country wants to reinvigorate a $30 billion natural gas project. This was reported by Bloomberg News Agency on Friday on the basis of statements by the country’s Energy Minister.

The so-called Host Government Agreement will outline the commercial, legal and technical aspects of the LNG project, but a possible investment decision may already fall before this agreement is reached, according to minister January Makamba.

Tanzania, which has an estimated 60 trillion cubic feet of natural gas reserves, needs to accelerate its development as pressure increases to switch to cleaner energy. Together with neighbouring country Mozambique, where TotalEnergies is one of the companies that wants to develop gas projects worth more than $ 50 billion, the two countries have enough gas to meet global demand for the next decade.

Other partners that may be participating in the project around an LNG terminal in southern Tanzania include Exxon Mobil, UK based Ophir Energy and Singapore’s Pavilion Energy.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

EU and UK rift…

In Domestic Affairs

EU and UK rift over Northern Ireland widens

View Post

Next Post

The odds for the dollar…

In Money Matters

The odds for the dollar are at the top: a higher inflation paradox

View Post

In IT, Innovation and Startups

Moderna gets permit for a mRNA plant in the UK

View Post

In Money Matters

British consumer confidence at the historically lowest point

View Post

In Foreign Affairs

The ban of Russian gold is likely to boost the price

View Post

Newsletter

Latest News

View

The ban of Russian gold is likely to boost the price

27th June 2022

View

British consumer confidence at the historically lowest point

24th June 2022

View

Moderna gets permit for a mRNA plant in the UK

23rd June 2022

View

Tesco says Brits are buying less and downtrading to manage inflation

20th June 2022

In Domestic Affairs

Crisis at P&O Ferries could affect independent UK retailers

View Post

In Domestic Affairs

Authorities seize one of P&O Ferries ships

View Post

Bulat Utemuratov owns an entire garage of sport cars.

In Foreign Affairs

The Great Hunt for the Nazarbayev assets has just begun

View Post

The former president of Kazakhstan N. Nazarbayev (L) and Aslan Musin (R)

In Foreign Affairs

Aslan Musin, an elusive kleptocrat from Kazakhstan, provided falsified records to obtain EU citizenship

View Post

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com

Sign Up for Our Newsletter

Our friendly crew

  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]