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    Tanzania Secures Site for LNG Plant

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Summary

Tanzania’s plan to build its first LNG plant moved a step forward with Tanzania Petroleum Development Corporation (TPDC) acquiring the land title deed of the project site.

by: Shardul

Posted in:

Asia/Oceania

Tanzania Secures Site for LNG Plant

Tanzania’s plan to build its first LNG plant moved a step forward with Tanzania Petroleum Development Corporation (TPDC) acquiring the land title deed of the project site.

Talking to Tanzanian newspaper Daily News over the weekend, TPDC Director of Exploration and Development, Kelvin Komba said the government is now officially ready to begin work on the construction of the plant. The government had paid $6 million  for assessment and compensation of 450 people in the backwater coastal town in Lindi in the process of acquiring the site.

However, he said that the actual LNG plant was still many years away as various technical processes needed to be accomplished.

The chosen 6,800-acre site, which will have an LNG plant on 2,000 acres, and an industrial park, is viewed as one that would turn around prospects of the country, particularly in the southern parts, Daily News reported. The plant will receive and treat reservoir gas from the fields in blocks 1, 2, 3 and 4.

The East African nation has seen large natural gas discoveries in recent years. Estimates suggest the country may hold recoverable natural gas resources to up to 55 tcf.