Tanzania plans huge LNG project ...News

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The East African country is due to launch commercial use of its vast offshore gas deposits The Tanzanian authorities have completed negotiations with British energy major Shell and Norway’s Equinor over the construction of a terminal for exporting liquefied natural gas (LNG), tapping the country’s huge offshore resources. The estimated investment in the facility is valued at $30 billion and the sides are moving towards drafting contracts, the African country’s Energy Ministry said on Twitter on Tuesday. One of the deals will cover the development of offshore fields operated by Shell that would provide gas for the

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