Tanzania Energy Updates
NUPRC UNVEILS NEW STRATEGIC DIRECTION UNDER EYESAN.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has outlined renewed ambitions following the appointment of its new Chief Executive, Oritsemeyiwa Eyesan, who has signaled a strong commitment to advancing Nigeria’s upstream oil and gas sector in alignment with the Petroleum Industry Act (PIA) 2021.
- 1 month, 2 weeks
TANZANIA MOVES TO CENTRALIZED LPG PROCUREMENT TO CUT COSTS AND BOOST SUPPLY.
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.
- 6 months
OIL PRICES EASE GLOBALLY, SHILLING STEADY AHEAD OF EPRA REVIEW.
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.
- 6 months
NIGERIAN FIRST E&P EYES TANZANIAN GAS IN BROADER PUSH FOR GROWTH.
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.
- 6 months, 1 week
FUEL PRICES DROP FOR THIRD CONSECUTIVE MONTH AS TANZANIANS GET RELIEF AT THE PUMP.
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.
- 6 months, 1 week
KENYA PLANS TO LAUNCH CRUDE OIL EXPORTS IN 2026.
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.
- 8 months
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