Region struggling to market its oil and gas projects to investors

Gas from the Songo Songo gas fields is brought to the surface through three offshore and two onshore wellheads located on or near Songo Songo Island.

Photo credit: Pool

Tanzania’s efforts to lure investors to its upstream oil and gas prospects have received lukewarm reception over the past four years, raising concerns even as peers in the region auction more blocks.

And as the country prepares to auction 26 offshore blocks in May, some energy experts are blaming snail pace progress on the $42 billion Liquefied Natural Gas (LNG) project for hindering new exploration ventures.