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Final Decision on Tanzania’s $40 Billion Gas Plan Seen in 2025

  • President Hassan expects Host Government Agreement this year
  • Companies involved include Equinor, Shell, ExxonMobil

Tanzania is edging closer to its dream of developing a $40 billion liquefied natural gas project after the government and companies, including Equinor ASA and Shell Plc, signed initial agreements. 

The latest signing precedes a Host Government Agreement which is expected by the end of this year, according to President Samia Suluhu Hassan. The so-called HGA sets out the technical, commercial and legal terms of the project.