After numerous false starts, the two majors hope the new administration in Dar es Salaam is finally ready to reach a compromise on the LNG train project.
The reopening of the Bolongoja border post, which connects Tanzania's Serengeti national park to Kenya's Masai Mara, is one of the last remaining bones of contention between the two countries after their respective trade ministers met in late May.
The new Tanzanian president has chosen a number of her former collaborators as her close advisers at the president's office. Young and highly qualified academically, they also have in common the fact that they are not products of the CCM, the party which has been in power since the country became independent.
Newly installed President Samia Suluhu Hassan has put career diplomats back in charge at the top of the foreign ministry. Although not much more than a symbolic departure from the Magufuli era, it has been enough to attract overseas delegations.
Operator in Tanzania of block 2 on which more than 20 trillion cubic feet (tcf) have been discovered, the Norwegian major Equinor has decided to write down the book value of its Tanzanian assets by $982m.
According to our sources, the ministry of energy sent out a letter in mid-September to the vast majority of oil [...]
With a political environment unpropitious for investment in the gas sector, the two oil firms have lost nearly all of their rights after failing to secure extensions to their blocks.