A brief overview of gas price developments, supply and demand and significant market movers.
Articles Tagged "tanzania"
The Financial Post reported that in order to assess the feasibility of developing a facility to export liquid natural gas from Tanzania, Statoil Tanzania AS has awarded KBR Inc. (NYSE:KBR) a contract to perform pre-front end engineering and design studies.
The Wall Street Journal reported that Tanzania plans to review the contracts of more than 20 oil and gas exploration companies as a result of a recent slew of natural gas discoveries in the country.
East Africa is proving to be an enticing market opportunity for natural gas explorers hoping to take advantage of future market upswings.
Recent finds by Eni and Anadarko confirm Mozambique as an up and coming offshore gas hotspot
PanAfrican Energy Ltd., a unit of Orca Exploration Group Inc, and the Tanzanian government plan to have up to 400 natural-gas powered vehicles on the streets of the biggest city, Dar es Salaam. For full story, click here
As per a report by Guardian, vehicles in Dar es Salaam, Tanzania could start running on specially processed natural gas beginning February next year. For full story, click here