$30bn natural gas plan enters important stage

A liquefied natural gas  plant. The government and international oil companies are currently at a crucial stage of negotiations to set up a similar plant in Tanzania. PHOTO|FILE

What you need to know:

The government and a consortium of major oil companies that plan to invest in the giant liquefied natural gas project have kick-started negotiations that will pave the way for a sprawling facility on over 2,000 hectares of land in Lindi


ENERGY: BG Tanzania manager Patricia Mhondo told BusinessWeek that companies have done groundwork to establish the LNG commercial framework