Browsing: Tanzania energy

• Tanzania’s Energy Minister Hon. January Makamba invites participants to TEC
• Patrons to review opportunities in Tanzania’s $30bn LNG investment
• Despite huge natural gas deposits, majority of Tanzania relies on firewood, charcoal

With an abundance of a diverse collection of natural energy resources, Tanzania is now poised to make the most of this enormous wealth that largely remains untapped. To this end, Tanzania is this August hosting its fourth edition of the Tanzania Energy Congress (TEC).

The highly anticipated executive summit will be hosted in the country’s commercial port city of Dar es Salaam 3 – 4 August 2022. Two day conference is held under the auspicious leadership of the Minister for Energy of the United Republic of Tanzania, Hon. January Makamba and will highlight the Ministry of Energy’s plans and priorities for both the energy and hydrocarbons sector in Tanzania.

The conference is thus, the opportune opportunity for investors to …

The 1,443km EACOP pipeline has been constructed at a value of US$3.5 billion which has seen Tanzania effectively increase its FDI by over 60 per cent during the construction phase alone.
This week, Tanzania President Samia Suluhu is in the United States and is meeting with among others, US VP Kamala Harris. During the official business trip, Suluhu is expected to get contracts for the construction of ports, railroads, power plants and coal and iron ore mines in the country’s northeast region.

Overall, Tanzania is looking to attracting investments of US$40 billion in the energy sector at a time the world is caught up in the melee between Russia and Ukraine which has upset the global energy sector.

For Tanzania to benefit from Europe’s rush to diversify its energy sources, Suluhu needs to speed up LNG projects by opening up the sector to new investors and revising legislation to achieve …