Tanzania Expects Agreement on LNG Project Within Six Months
- Talks resume May after president ordered speedy conclusion
- Shell, Equinor urged nation to act quickly on stalled project
Samia Suluhu Hassan
Photographer: Inga Kjer/Getty Images
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Tanzania expects to conclude an agreement for a $30 billion liquefied natural gas project within six months after the country’s new president called for a resumption of negotiations that had stalled for more than a year.
Talks for the host government agreement, or HGA, that will govern the tax, legal and commercial terms for the proposed two-train onshore LNG project fell apart in 2019. Plans for a plant on Tanzania’s southern coast connected to offshore fields by pipeline have been under proposal since 2014.