Dar es Salaam in Tanzania
Tanzania’s LNG ambitions fade
The East African country has struggled to make progress on proposed liquefaction developments and the window of opportunity may have already closed
Tanzania’s plans to develop an LNG liquefaction plant appear to have hit the buffers. Despite significant offshore reserves, negotiations between the government and developers have stalled and Norway’s Equinor recently had to write down its sizeable investment in the east African nation. Equinor announced a $980mn impairment on its block 2 Tanzanian LNG project in its fourth quarter results amid low prices in the sector. And while that untapped asset has diminished in value, Tanzanian authorities and IOCs have yet to even establish a legal framework for development. Negotiations had already dragged on for several years before Tanzania paused the talks in August 2019 to review their producti
Also in this section
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
