Tanzania does not produce crude oil and has not experienced a recent commercial oil discovery. Tanzania typically consumes around 35,000 barrels per day of refined oil products, all of which are imported. Looking to explore Tanzania’s Oil & Gas sector?
How much natural gas does Tanzania have?
The discovered natural gas reserves amount to 57.54 trillion standard cubic feet (TCF) according to the Ministry of Energy data (December 2017). Tanzania does not produce crude oil and has not experienced a recent commercial oil discovery. Tanzania typically consumes around 35,000 barrels per day of refined oil products, all of which are imported.
How much oil does Tanzania import?
In 2018, Tanzania imported $1.77B in Refined Petroleum, becoming the 75th largest importer of Refined Petroleum in the world. The same year, Refined Petroleum was the 1st most imported product in Tanzania. Tanzania imports Refined Petroleum primarily from: India , United Arab Emirates , Saudi Arabia , Switzerland , and Oman.
What’s going on with Tanzania & Uganda’s oil pipeline?
Tanzania and Uganda have signed an agreement allowing for the construction of a 1,445 km (898 miles) crude oil pipeline. The $3.5bn (£2.7m) project will connect Uganda’s oil fields to Tanzania’s port of Tanga. The signing ceremony was attended by the presidents of both countries.