Aminex PLC: At the Heart of Tanzania’s Gas Revolution
Aminex PLC is emerging as a quiet powerhouse in East Africa’s natural gas revolution, and recent developments suggest that the company may be significantly undervalued and underappreciated. With two major announcements shaking up the energy landscape in Tanzania, Aminex finds itself in a uniquely strategic position — one that could dramatically reshape its future and market perception.
Gas-Powered Public Transport: A Signal of Growing Demand
In a bold push toward sustainable urban mobility, Tanzania has welcomed the arrival of 99 new natural gas–powered buses — the first phase of a planned fleet of 755. These buses will serve Dar es Salaam’s expanding BRT network, with an additional 250 buses already confirmed for delivery.
This isn’t just about transport — it’s a strong signal from the Tanzanian government that natural gas is set to play a central role in the country’s energy strategy. This is the kind of demand surge that companies like Aminex, with proven gas reserves and infrastructure development underway, are perfectly positioned to meet. As public and private sectors transition toward cleaner energy, the local market for gas is heating up — and Aminex is right in the middle of it.
The Mtwara LNG Project: A Game-Changer
While the bus news is significant, the real game-changer is the newly announced Mtwara LNG project — a $4.5 billion mega-development with truly global ambitions. This isn’t a pipe dream. It’s a state-supported initiative involving key players such as Tanzania’s national petroleum corporation. And critically, Ntorya — the onshore gas field where Aminex holds a carried 25% interest — is listed as the primary supply source for this massive LNG and CNG infrastructure rollout.
The Mtwara project aims to start with 3 million tonnes per annum of LNG production (equivalent to around 400 million standard cubic feet of gas per day), scaling to 9 MTPA over time. It will serve both domestic and regional needs, with distribution hubs planned across Tanzania, Kenya, Zambia, the DRC, Mozambique, and beyond — even targeting exports to Asia. It’s a pan-African clean energy corridor with real momentum, and Aminex’s Ntorya field is the backbone.
Strategic Alignment and Market Potential
Put simply, Aminex is no longer just a junior energy company sitting on a gas discovery. It’s now a key player in Tanzania’s rapidly developing energy infrastructure — both for domestic consumption and international export. With its costs covered through carried interest, its resource positioned near the coast, and a state-endorsed demand engine forming around it, Aminex is ideally placed for long-term success.
For investors, this is a rare moment: the stars are aligning, and the market has yet to fully catch on. Aminex’s story is no longer just about proven reserves — it’s about strategic importance, national energy transformation, and regional opportunity.
As Tanzania turns up the heat on gas-led development, Aminex may well be one of the sector’s biggest beneficiaries.