Fuel Prices Expected To Drop December 2021

ECONOMY: Dar es Salaam. Tanzanians should expect stability in fuel prices starting December this year as the government starts a new system of importing petroleum products. Tanzania imports about 3.5 billion litres of refined petroleum products yearly: petrol, diesel, kerosene, Jet-A1 and Heavy Fuel Oil (HFO). Under the new system, the government said yesterday that […]

Tanzania Needed to Underpin a $ 30 Billion Liquefied Natural Gas Project

ECONOMY: Tanzania, Shell and Equinor have started negotiations on a critical host government agreement (HGA) needed to underpin a $30 billion liquefied natural gas project. With Tanzania’s minister of energy targeting a rapid final investment decision, news of these talks came days after China’s CNOOC International committed itself to both the Kingfisher oil development in […]