'Big and strategic': $30 billion Tanzania LNG targets 2025 project sanction after Shell and Equinor sign key deal

A major breakthrough on the long-delayed $30 billion Tanzania LNG scheme was achieved over the weekend when Shell and Equinor — the main project proponents — signed a framework deal with the government that brings the finalisation of a vital host government agreement (HGA) one step closer.

The project was on the backburner for years when John Magufuli was Tanzania’s head of state, but President Samia Hassan has made it a priority for her government, entrusting Energy Minister January Makamba to lead negotiations with Shell and Equinor.