Light at the end of the tunnel as Tanzania inks $30bn LNG deal with strategic investors
President Samia Suluhu Hassan witnesses the signing of the pre-agreement for the LNG project at Chamwino State House, Dodoma yesterday. Government signatories were Energy minister January Makamba (second left), TPDC chief James Mataragio, while on behalf of the investors were Equinor Tanzania AS vice president and chairperson Unni Merethe Skorstad Fjaer (right) and Shell Exploration & Production Tanzania vice president and chairman Janed Kuehl. PHOTO | EDWIN MJWAHUZI
The government and a consortium of Shell, Exxon Mobil, Equinor, and Ophir Energy yesterday finally signed an initial Host Government Agreement (HGA), a greenlight for more comprehensive negotiations towards the implementation of its Liquefied Natural Gas (LNG) project.
The breakthrough comes after almost two decades of intense negotiations between the two parties.
