Dar es Salaam. Tanzania’s natural gas sector is set for increased local participation following Orca Energy Group Inc’s decision to exit its Tanzanian operations through the sale of its stake in the Songo Songo gas project.
Orca has signed a definitive share purchase agreement to divest all shares in PanAfrican Energy Corporation (PAEM), its wholly owned Mauritian subsidiary, to Taifa Gas Tanzania Limited and Amber Energy Investment L.L.C.-FZ.
