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Tanzania signs Host Government Agreement for Tanzania LNG export project

The Tanzanian government and a consortium of Shell, ExxonMobil, Equinor, and Ophir Energy have signed an initial Host Government Agreement (HGA) for the Tanzania LNG export project worth U$30bn. The agreement established the fiscal, legal, and commercial terms for the onshore part of the LNG project, and paves the way for a final investment decision (FID), which is targeted in 2025. Located in Lindi, the project would consist of a 10 Mt/year (13.5 bcm/year) two-train LNG liquefaction terminal. The US$30bn project is developed by the Tanzania Petroleum Development Corporation (TPDC) in partnership with Equinor, Shell, ExxonMobil, and Ophir Energy. Construction was previously expected to start in 2022 for commissioning in 2028.

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