Browsing: liquefied petroleum gas (LPG)

Taifa Gas Investment SEZ Limited
  • A state-of-the-art liquefied petroleum gas (LPG) storage facility is being built in Mombasa by Taifa Gas Investment SEZ Limited.
  • Taifa Gas’ entry into the Kenyan market marks the beginning of a fresh era in the trading links within East Africa.
  • Much of East Africa, especially in nations like Tanzania, Kenya, and Uganda, needs more energy because so many people there do not have access to consistent power.

A state-of-the-art liquefied petroleum gas (LPG) storage facility is being built in Mombasa by Taifa Gas Investment SEZ Limited. This is a monumental step for East Africa’s energy sector. This project is more than a local development; its 30,000-ton capacity symbolises the rise energy sector in East Africa and promises economic prosperity for the entire region.

Strategically located within the Dongo Kundu Special Economic Zone (SEZ), the facility represents economic vision. This site is not a fluke because of the strategic decision …

Equatorial Guinea open capital-intensive projects for investment in 2020

Equatorial Guinea capital-intensive projects open for investment in 2020 said Gabriel Obiang, minister for mines and hydrocarbons.

The capital- intensive projects include the construction of three oil refineries, liquefied petroleum gas strategic tanks, a Urea plant and the expansion of a compressed natural gas project.

Obiang said the 10 public-private, partnership-led projects will focus on downstream diversification and adding value to domestic crude production.

“2019 was a year in which we showed the world the potential of Equatorial Guinea. That was phase one. Phase two is the investment year. For many years, we have been exploiting our resources and exporting them, but now is the time that we get to the stage of processing,” he said during the sidelines of an international forum for gas exporting countries in the capital Malabo.

Also Read: Tanzania 3rd Oil and Gas Congress: How Magufuli is opening up Energy Investment

He added that midstream …