World news story

Oil and gas export opportunities in Tanzania for UK companies

UKTI Tanzania鈥檚 revised report provides an overview of Tanzania鈥檚 oil and gas sector including supply chain opportunities from the proposed LNG project.

This was published under the 2015 to 2016 Cameron Conservative government
Oil and gas in East Africa

UK Trade and Investment (UKTI) Tanzania has updated their 2014 report which examines the opportunities in the Tanzanian market. The report called 鈥楬igh Value Opportunity 鈥� Tanzania Oil and Gas鈥� offers a greater understanding and in-depth knowledge of:

  • current and upcoming oil and gas projects
  • supply chain opportunities and schedules for the proposed Liquified Natural Gas (LNG) project

Tanzania is a growing oil and gas market with on-going discoveries, including 19 exploration blocks. USD 10 to 20 billion investment is projected for exploration and production in the coming decade.

Exploration activities in Tanzania鈥檚 deep offshore waters have led to the discovery of 50.5 trillion cubic feet (tcf) of natural gas over the past 2 years. More discoveries are likely to come as drilling campaigns continue to unfold. It is estimated that the recoverable reserves will double to 100 tcf by the year 2015.

Tanzania forms part of UKTI鈥檚 (HVO.)

Contents of report

  • background
  • oil and gas overview of Tanzania
  • opportunities in Tanzania鈥檚 LNG project
  • doing business in Tanzania

Contacts

Contact Misbah Mughal at UKTI Tanzania to obtain a copy of the report.

Updates to this page

Published 8 October 2015