An aerial view of large liquefied natural gas storage tanks at a depot. Tanzania has proven natural gas reserves of 57 trillion cubic feet, with at least 49.5 trillion cubic feet of these far offshore in the Indian Ocean. Talks for exploitation of the resource are ongoing. PHOTO | FILE
Tanzania is moving cautiously in its lucrative natural gas deals with no end in sight of the Host Government Agreement (HGA) negotiations, which resumed recently but are set to take longer than expected.
Fresh discussions on the HGA over the multibillion-dollar project are being held in Arusha, northern Tanzania, after the negotiating teams finalised preliminary talks last November.
