Royal Dutch Shell Plc and Equinor ASA have said that they are committed to a project that will allow the export of natural gas from Tanzania.
Proposals to build a $30 billion LNG 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.
For more information, please see https://www.worldoil.com/news/2018/10/15/shell-equinor-commit-to-tanzania-lng-as-they-await-host-accord
