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

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