Tanzania has included LPG in its bulk procurement system to lower import costs and improve supply efficiency. This move supports the country's clean cooking agenda and aims to make LPG more affordable and accessible, especially in rural areas.
Global oil prices dropped in the first week of August, raising hopes for lower fuel prices in Kenya ahead of EPRA's upcoming review. However, domestic factors like taxes and levies may limit the impact of this global decline at the pump.
Nigeria’s First E&P is expanding into Tanzania to explore gas opportunities, reflecting a broader strategy by Nigerian energy companies to grow beyond their home market. The company aims to complete initial assessments quickly and is actively seeking partners to support its regional expansion.
Fuel prices in Tanzania have dropped for the third consecutive month, offering relief to motorists and businesses. The reductions are driven by falling global oil prices, a stronger shilling, and lower shipping costs.
Kenya plans to begin commercial crude oil production and exports in 2026, as Gulf Energy finalizes the acquisition of Tullow Oil’s assets in the South Lokichar Basin. The project is expected to produce up to 100,000 barrels per day, positioning Kenya as a potential player in the global oil market.
The Uganda National Oil Company (UNOC) attributed the recent fuel price surge to temporary supply disruptions, mainly due to logistical challenges along the Kenyan route. However, UNOC assured the public that contingency measures, including importing fuel via Tanzania and increased allocations through the Kenya Pipeline, will stabilize prices soon.