From Orca's 3rd quarter report released last night:
Tanzania continues to experience severe power shortages that have made rolling blackouts and restrictions in the supply of power to residential, commercial and industrial customers an ongoing fact of life. To accelerate the drive to create solutions, the Government of Tanzania (GoT) has announced plans to expand the capacity of the infrastructure that processes and transports gas from Songo Songo Island to Dar es Salaam. In the first phase it is understood that the GoT will construct a new gas processing facility on Songo Songo Island and lay an oversized pipeline system from the island to Dar es Salaam.
In October, the Government of Tanzania announced that it had agreed to financial terms with the Chinese Exim Bank for a US$1 billion loan and would be constructing a new 140 MMcfd gas processing plant on Songo Songo Island, a 36” onshore pipeline and a 24” offshore line to run parallel to the existing system.
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From Orca's 3rd quarter report released last night:Tanzania...
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