Tanzania aims to finalise critical agreements with Shell and Equinor next month that will underpin its $30 billion liquefied natural gas project, according to Bloomberg.

Tanzania’s Energy Minister January Makamba said in an interview with the news agency: “It’s happening. In December, we will conclude the conversation. We are in the fiscal package discussions now.”

The ongoing talks are focused on the all-important host government agreement (HGA) that will be the foundation for a two-train LNG facility that is due to be constructed at Lindi, a coastal site located between Dar es Salaam and Mtwara oil supply base.