Shell, Equinor commit to Tanzania LNG as they await host accord
Royal Dutch Shell Plc and Equinor ASA said they are committed to a project that will allow the export of natural gas from Tanzania.
By Bloomberg News, Ken Karuri & Paul Burkhardt
Proposals to build a USD 30 billion liquefied-natural-gas plant, in gestation since 2014, have been clouded by policy uncertainty in Tanzania's extractives industry. Investor sentiment toward the East African nation has been soured by the government's overhaul of mining legislation that has enabled it to renegotiate contracts.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
