Tanzania has announced new oil and gas licensing rounds, promoting 24 exploration blocks set to open on March 5, 2025, during the East African Oil and Gas Conference. Additionally, Zanzibar will offer eight blocks for exploration, reflecting the country's efforts to harness its significant natural gas reserves and attract foreign investment in the energy sector.
Equinor is committed to a $42 billion liquefied natural gas project in Tanzania, despite delays caused by proposed changes to a financial agreement by the government. Senior executive Nina Koch emphasized the company's focus on reaching commercial agreements while maintaining open dialogue with Tanzanian officials.
DHL Express has partnered with TotalEnergies in Tanzania to provide convenient access to global shipping services at TotalEnergies service stations. Customers can utilize DHL’s Express Easy product, allowing them to send documents and parcels at a fixed price, streamlining the shipping process.
The Rural Energy Agency (REA) of Tanzania has introduced a loan initiative to support the construction of small-scale fuel stations in rural areas, aimed at improving energy accessibility. This program invites eligible applicants to apply for funding, promoting local economic growth and enhancing the availability of essential energy products.
The inaugural Tanzania Energy Investment Summit will be held on November 12-13, 2024, in Dar es Salaam, bringing together stakeholders to explore investment opportunities in the country's energy sector. Co-organized by HBZ International and TAOMAC, the summit emphasizes Tanzania's role as a regional energy hub and focuses on clean energy solutions and sustainable development.
Tanzania is in talks with two foreign companies to develop $1.2 billion in Public-Private Partnership (PPP) power transmission projects, marking a significant shift from state control. This initiative aims to enhance electricity access and quality while overcoming regulatory challenges in the energy sector.