$100 million project to slash LPG prices by 40 percent

Biteko pic

Deputy Prime Minister and Energy minister Energy Doto Biteko shakes hands with Petredec Africa managing director Michael Demond during the laying of the foundation stone for the ASAS-Petredec LPG terminal in Tanga on June 5, 2025. PHOTO | CORRESPONDENT

Tanga. Tanzania’s energy sector is set for a major transformation following the announcement of a $100 million (Sh270 billion) investment to construct the Tanga International Energy Terminal for Liquefied Petroleum Gas.

The terminal, a partnership between local firm Asas Limited and UK-based Petredec, will be built in Chongoleani, Mkinga District.