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Home Energy

US law firm Baker Botts LLP to advise Tanzania on US$30B LNG plan

FurtherAfrica by FurtherAfrica
January 28, 2022
in Africa, Energy, Tanzania
Reading Time: 1 min read
821 52
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Coronavirus, gas slump delays Exxon’s Mozambique plans
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Baker Botts to assist nation to conclude LNG project talks Plans for terminal have been under consideration since 2014

Tanzania has selected U.S. law firm Baker Botts LLP as an adviser to help conclude talks with international oil companies over a long-delayed $30 billion liquefied natural gas terminal.

The nation wants to sign a Host Government Agreement with oil majors, including Equinor ASA and Shell Plc by April, Energy Minister January Makamba said. The move will give further impetus to the LNG project that’s been under consideration since 2014 and gained momentum after President Samia Suluhu Hassan took office in March.

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Source: Bloomberg
Tags: Baker Botts LLPEquinor ASAFeatureInternational Oil CompaniesJanuary Makambaliquefied natural gas terminalLNG planLNG projectOil companiesoil majorsost Government AgreementSamia Suluhu HassanShell PlcTanzaniaTanzania Energy MinisterUS law firm Baker Botts LLP to advise Tanzania on US$30B LNG planтанзанияتنزانياタンザニア坦桑尼亚
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