Equinor , Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal in the East African country, the two sides said on Friday.
have agreed a deal with the government of Tanzania for the development of a liquefied natural gas export terminal in the East African country, the two sides said on Friday.
Friday's deal includes the main elements of a host government agreement to provide a regulatory framework and a production sharing agreement, and is subject to legal reviews and quality assurance before an expected signing in the coming weeks, Norway's Equinor said. The next steps involve a period of detailed engineering design work, Shell's Tanzania Chair Jared Kuehl said in a separate statement posted on Linkedin.
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