Omani firm beats multinationals queue to win Tanzania gas licence
Tanzania's Deputy Prime Minister and Energy Minister Doto Biteko (in blue shirt) and TPDC Project Manager Patrick Kabwe (in blue suit) and other officials during the licence handover at the Ntorya gas field in southern Tanzania on September 10, 2024.
Tanzania has given its first licence to a natural gas project in 13 years as it looks to fast-track development of significant resources in the sector, amid concerns that the slow pace by authorities in sanctioning new investments may be blocking progress.
Oman-based ARA Petroleum Llc was on September 10 formally commissioned on the Ntorya gas field in southern Tanzania, which is believed to hold an estimated 1.6 trillion cubic feet of gas.
