Thursday 31 August 2017

IPTL Turned Down for Electricity Generation Licence - With Good Reason it Seems


The Board of Directors of Energy and Water Utilities Regulatory Authority (EWURA) has turned down an application by the Independent Power Tanzania Company Limited (IPTL) for an extension of its Electricity Generation Licence for 55 months (4 years and 7 months).

On 28th March 2017, IPTL submitted the application seeking for an extension from

Wednesday 30 August 2017

$3 Billion Gas Hungry Fertiliser Plant to built in Southern Tanzania


Tanzania plans to build a $3 billion (Tshs6 trillion) fertiliser factory in partnership with German firm Ferrostaal Industrial Projects, Danish industrial catalysts producer Haldor Topsoe and Pakistan’s Fauji Fertiliser Company.

The factory will use natural gas in the manufacturing process. Natural gas is one of

Thursday 24 August 2017

5.4.3.2.1.....Aminex Ready For Lift Off


With anticipation building and news due anytime, I’m so looking forward to putting the first of an expected stream of direct Aminex news onto the blog.  It's only been three weeks since the appointments of the new COO and the companies own solicitor were made and just five since collaboration with io GE was announced who themselves, bring possible leveraging of their own parent companies to the party.


During the last five weeks, the share has seen around 50% increase in SP as it has edged

Power to the People as 2,000 km Kenya-Tanzania-Zambia interconnector link to the South Africa Begins


Work has started on the 2,000 km Kenya-Tanzania-Zambia interconnector link to the South Africa Power Pool to provide opportunities for trade between the eastern and southern part of the continent.

The $309 million line from Isinya substation in Kenya to Singida in southern Tanzania is expected to transfer 2,400MW. Ketraco and Tanzania Electric Supply Company will

More Gas for Homes and Industry


THE Tanzania Petroleum Development Corporation (TPDC) is drafting a master plan for setting up infrastructure to supply natural gas to industries and houses in some regions.

Available statistics indicate this country currently uses just a tiny fraction of the resource -- 70 million cubic feet out of the total capacity of 784 million cubic feet of the gas – from Mtwara and Songo Songo, a mere ten per cent that currently goes into power generation

Wednesday 23 August 2017

TPDC to More than Double Factories Connected to Gas Infrastructure


The Tanzania Petroleum Development Corporation (TPDC) is planning to connect 42 companies to gas infrastructure.

So far, 37 factories have been connected. “We have enough gas to connect as many

Monday 21 August 2017

Construction Program to up Tanga Port Throughput from 700,000 tons to 3.5 Million


TANGA Port looks forward to a bright future, projecting to serve over five times the current consignment as a result of planned implementation of various construction projects, citing industries and Hoima-Tanga crude oil pipeline.

Currently, the port serves an average of 700,000 tonnes of consignment annually, thus the figure will go up to 3.5 million tonnes, Port Manager Percival Salama revealed this

Sunday 20 August 2017

Build Gas Powers Cars in Tanzania


TPSF to manufacturers: 'Install gas powered vehicles plant in Tanzania'
Tanzania Private Sector Foundation (TPSF) Executive Director of Godfrey Simbeye said that the plants would enable Tanzania to fully utilize natural gas.

VEHICLE manufacturing firms have been asked to install local plants for making gas

Friday 18 August 2017

Local Content Policy of Tanzania - Oil & Gas Industry - 2014


1. INTRODUCTION

1.1. BACKGROUND

Delivering local benefits to the communities where oil and gas companies operate is no longer an option. It is a commercial necessity — and one that is increasingly mandated by law in many countries. In the new competitive landscape of diminishing supply and

Thursday 17 August 2017

Digital Tech To Save Lives as it brings LPG to millions in Tanzania


Sebastian Rodriguez is bringing digital technology to liquefied petroleum gas (LPG) distribution in order to accelerate access to clean cooking fuel for millions of households. More than 727 million people (four of every five households) in Sub-Saharan Africa

Wednesday 16 August 2017

4p Breakthrough 13% up today after 14% up yesterday


Filling those trolley right now!

Wednesday Tanzania Headlines



Electricity Project to Benefit Three Regions

Tanga Moves to Reclaim Its Lost Glory in Industrial Economy

Dar to host meeting on East African entrepreneurship

Tanzania, SA firms sign product distribution deal

New Sugar Factory to Create 2,000 Jobs

Egypt to construct a mega-meat processing plant in Tanzania

Tanzania sees business flourish at is saves trillions after moving to natural gas


TANZANIA has started to observe some saving generated after using natural gas as it slowly walking toward a gas based economy.

Mr Hanna said going by government projection to industrialize the nation stakeholders should start addressing supply issue before demand overtake it in next five years. “If the

Tuesday 15 August 2017

Lining up the Ducks

  • Io a GE company collaboration announced to develop Ntorya field
  • 25 year licence application due early September
  • Updated Basin Model expected to bring upgraded figures
Aaron LeBlanc Chief Operating Officer announced “His early career was spent with Devon Energy Corporation where he was an integral member of the acquisition and development group for the Iron River oilfield which saw production increase from under 3,000 bbl/d to

Friday 11 August 2017

Bill Gates Donates Sh777 Billion to Tanzania for Development Projects


Bill and Melinda Gates Foundation has set aside Sh777 billion to finance development projects in Agriculture, Health and Information Communication Technology (ICT) sectors in the country.

This was said on Thursday by the co-chair of the foundation Mr Bill Gates at the State

2700 Tanzanians employed making 500,000 Levi's and Wrangler Jeans for Export to US and Europe


Twenty-seven-year-old Advester Elieza Moshi says she doesn't have to spend sleepless nights thinking over the upbringing of her two younger sisters who are in primary school after working at the Chinese garment company Tooku.

"For me life is not the same again as I am also not worried when it comes to paying house

Wednesday 9 August 2017

Tanzania Petroleum Development Corp (TPDC) to supply Dangote Cement with natural gas with immediate effect


Dangote Cement to start using gas to power Tanzania plant

The firm has previously run into trouble with President John Magufuli’s administration over tax on diesel imports to run its Mtwara plant, and a ban on coal imports.

Dangote announced that the Mtwara plant increased volumes by more than 64 per cent to nearly 388,000 tonnes in the firsthalf of 2017, pushing the six months sales to more than 400,000 tonnes.

From the negotiated talks between the firm’s owner Aliko Dangote and President Magufuli,

Aminex Gas in Demand - New Gas pipe to Uganda to be extended to Mombasa and Kenya


Plans to construct a natural gas pipeline form Dar es Salaam to Tanga and extension to Mombasa in Kenya are currently being reviewed after gas supply increased.

Tanzania Petroleum Development Corporation (TPDC), acting Managing Director Kapuulya Musomba told the `Daily News’ that plans for the envisaged 530 kilometres gas pipeline was

Aminex plc & Solo Oil plc – The Importance of Tanzania - A little History Written 2015


Royal Dutch Shell plc & BG Group plc Kick off the Oil & Gas Mergers & Acquisitions Mega Season
Why Tanzania was so important in this deal and what could it mean for the massive Ruvuma onshore gas field & Solo Oil

“If you base the TCF valuation on the same benchmark as the Ophir-Pavilion deal where Pavilion paid $353 million per TCF for its 20% stake in Tanzania’s offshore blocks 1,3,4, then Ruvuma would be valued on an un-risked basis (1.17tcf) at $413 million minimum but on 2.3 tcf (Aminex plc LON:AEX resource estimate for Ruvuma) of $811 million. Solo Oil Plc LON:SOLO own 25% of the Ruvuma PSA. Accordingly the value attributable to Solo Oil plc could be anywhere between $100 million to $200 million, and remember the Ntorya well in the Ruvuma PSA has pipeline infrastructure nearby and is an advanced project that can get into production very quickly.”

When BG Group plc LON:BG announced in August 2014 that it had produced higher than

Tanzania Government Plans to Expand Airport


The government is planning to expand the arrivals hall at the Terminal II of the Julius Nyerere International Airport (JNIA) in a bid to increase its passenger holding capacity in one go.

This was revealed yesterday by deputy minister of Works, Transport and Communications, Mr Edwin Ngonyani, in a joint press conference with his counterparts from ministry of Natural Resources and Tourism, Mr Ramo Makani, and Mr Hamad Masauni from ministry of Home Affairs.

The three deputies visited the JNIA to inspect operations and analyse challenges that need immediate intervention by the government.

"The major challenges that we've noticed, among others, are

Tuesday 8 August 2017

Tanzania Fast Tracking VAT Law Amendment to Aid Rapid Development


President John Magufuli has directed the office of the Attorney General (AG) and other responsible ministries to speed up the amendment of Value Added Tax Act 2015, saying it is slowing down development projects.

Speaking at the newly inaugurated 4bn/- modern Korogwe bus stand in Tanga Region yesterday, the Head of State said it was irrational to impose VAT on everything, especially soft loans and grants.

"In 2015, we made amendments that lead to

Tanzanian Government Committed to Development Reaching the People


President John Magufuli has said that the government will deal mercilessly with contractors who fail to work on government projects according to the law and agreed time frame.

He said this on Monday in Korogwe when launching a Sh4 billion bus stand. Dr Magufuli is in Tanga for a five day working visit.

"This project is among many other projects funded by

Gas Demand Soars in Tanzania - Doubling in the Last Year


THE Tanzania Petroleum Development Corporation (TPDC ) is currently working out strategies to increase natural gas supply for industrial use ahead of anticipated soaring demand.

This comes when the demand for gas has doubled from 145 million standard cubic feet per day (mmscfd) last year to 300mmcfd to date.

The gas demand is increasing on the back of country’s grand ambition plan of industrializing the nation based on two folds—electric generation and cheap

No Time wasted - Tanzania Ready To Go to work on New Pipeline


Tanzania Ready to Take Up Pipeline Contracts

Following the inauguration of the Hoima-Tanga pipeline project on August 5, an umbrella body of oil and gas service providers in Tanzania is mobilising its members to take advantage of the opportunities that will come with the $3 billion project.

The Association of Tanzania Oil and Gas Service providers (Atogs) has called a meeting of stakeholders on

Aminex Could Secure Similar From Baker Hughes


Baker Hughes, a GE Company has won a major contract to provide a wide range of services to develop Papua New Guinea's first offshore gas field which is seen as a new model to help producers adapt to a world of low oil prices.

The contract, worth several hundred million dollars, contrasts with the traditional model where a company awards various parts of

Magufuli Defends Tanzanian Constitution and rejects calls to extend his rule beyond two-term limit


Tanzanian President John Magufuli on Monday rejected calls from some of his supporters to extend his rule beyond the constitutional limit of two, five-year terms, bucking a trend in the region.

Several leaders including Uganda's President Yoweri Museveni, Rwanda's Paul Kagame and Burundi's Pierre Nkurunziza have all tinkered with

Monday 7 August 2017

Somanga Fungu 320mw Gas Fired Power Plant out to tender


The government of Tanzania plans to build a grid-connected gas-powered electricity power station at Somanga-Fungu village near or at the location of the present installation.  The new power plant will have installed capacity of 320MW.  A financial adviser was

All Tanzanian rural areas to be connected to National Grid within three years - Tanesco Rea Phase III fueling the need for Gas


Tanzania: Pressure mounts on REA Phase III contractors
Earlier this year, Tanzania's energy and minerals deputy minister, Dr Medard Kalemani, instructed contracted companies to ensure that they electrify identified villages under phase two of the Rural Energy Agency (REA II) project.

ESI Africa previously reported that Kalemani gave the instructions while

Sunday 6 August 2017

Oil Pipeline and Economic Opportunities to act as a Catalyst for Tanzania Uganda Railway Link


THE Oil pipeline whose construction was flagged off yesterday by President John Magufuli and his counterpart from Uganda, Yoweri Museveni is likely to trigger other economic opportunities, economists have said.
Such other economic opportunities that are likely to

Deal struck as Uganda Wants Tanzanian Gas


President Museveni had appealed to Dr Magufuli to consider constructing a gas pipeline from Tanzania to Uganda along the same route of the crude oil pipeline from Hoima to Tanga, whose construction was launched yesterday.

Mr Museveni said Uganda has discovered a huge chunk of iron ore reserve, but could not mine the resource due to

Worlds Longest Pipeline brings 10,000 jobs and Power to 140 Tanzanian villages

Uganda and Tanzania on Saturday launched the construction of the “world’s-longest pipeline” to transport highly-viscous crude oil from landlocked Uganda to the port city of Tanga in Tanzania.

The $3.5 billion project is a significant

Friday 4 August 2017

Tanzanian Gas Exports Flowing


Kenya and Tanzania have resolved a trade stand-off that hindered the free flow of exports into the two countries.

The two countries have agreed to allow the importation and export of wheat flour, milk and cooking gas with Tanzania is expected to make a decision on when cigarettes from Kenya can be allowed in to their market.

A communiqué signed by the two nations says

Gas in Demand - Tanzania to Invite Companies to Construct Gold Smelting Plant


Tanzanian Prime Minister Kassim Majaliwa on Tuesday visited a state-of-the-art gold smelter owned by Chinese firm Sunshine at Chunya in southern highland region of Mbeya where he expressed his approval.

Sunshine Group, the Chinese company, has already invested in the refinery plant in the area which could smelt gold by 99 percent, officials said.

Speaking shortly after he had inspected the smelter, Majaliwa said the government was considering inviting companies, including Sunshine Group, to construct modern smelters for the processing of gold and copper concentrates produced in Tanzania.

A statement issued by the Prime Minister’s Office said

Thursday 3 August 2017

Aminex Breaking out - Up 14% yesterday and 10% and rising today

Certainly looking like yesterdays announcement has lit the blue touch paper - Confidence is easing back towards Aminex with 14% rise yesterday and as I write a10% one so far today

Aminex announced the appointments of Aaron LeBlanc as Chief Operating Officer with immediate effect and Brian Cassidy as Head of Legal effective 1 September 2017.
Aaron a Geologist with 15 years' experience in oil and gas exploration, development and

Tanzania Ranks High in Global Economic Growth


TANZANIA's economic and investment performance has remained strong among African nations, emerging top in eastern African countries, the government has affirmed.

Addressing a news conference in Dar es Salaam yesterday, the Chief Government Spokesperson and Director of Information Services, Dr Hassan Abbas said Tanzania's economy is growing at an average rate of 7 per cent, the leading speed compared to other EAC nations.

"Despite the global economic crisis, Tanzania has

No More Charcoal - Switch to Gas - Free installation of LPG gas storage equipment and accessories


Some public institutions will switch to using gas as part of government's resolve to end charcoal and firewood use for cooking.

Targeted institutions include military camps, hospitals, schools and institutions for higher learning.

All this is according to the directives by the Minister of State in the Vice President's Office (Union and Environment), Mr January Makamba.

The minister made the statement yesterday when

Wednesday 2 August 2017

RNS Aminex Management Appointment COO and Legal


Aminex plc
 ("Aminex" or "the Company")
Management Appointments

Aminex is pleased to announce the appointments of Aaron LeBlanc as Chief Operating Officer with immediate effect and Brian Cassidy as Head of Legal effective 1 September 2017.

Aaron is a Geologist by background with 15 years' experience in oil and gas exploration, development and operations.  He has worked in Western Canada, the Former Soviet Union, Europe, North Africa, East Africa, the

Tuesday 1 August 2017

Kiliwani Pressure Testing - Nyuni 3D Seismic

Extracts From Bounty Oil and Gas NL Quarterly Activities Report and Appendix 5B – June 30, 2017

Kiliwani
Kiliwani North tested at 40MMcfg/day from Kiliwani North pool only 2km from the new Songo Songo gas plant and pipeline for Dar es Salaam

Production maintained over previous quarter to a satisfactory level at a slightly lower rate to accommodate temporary restriction at the Government owned gas plant