Tanzania offers oil and gas export opportunities 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.
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 Marie Strain at UKTI Tanzania to obtain a copy of the report.
Find out more about export help for the UK oil and gas sector.
Updates to this page
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Revised version of publication now available.
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New version of report due in April 2015.
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Publication contact changed.
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First published.