M a r k e t N e w s

Tanzania Inaugurates China Funded Gas Pipeline

Posted on : Monday, 12th October 2015

Tanzania on Saturday officially inaugurated a 535-kilometer China funded gas pipeline, reported Xinhua.

The pipeline built with a $1.33-billion concessional loan from the Export-Import Bank of China transports natural gas from Tanzania's southern region of Mtwara to Dar es Salaam. Construction started in June 2013 and was undertaken by China Petroleum Technology and Development Corporation (CPTDC), a subsidiary of China National Petroleum Company (CNPC).

The Chinese firm has also constructed a natural gas processing plant at Madimba in Mtwara region, Xinhua said.

The Tanzania Petroleum Development Corporation (TPDC) Director General, James Mataragio, said the pipeline has capacity to transport 210 cubic feet of natural gas a day from Msimbati in Mtwara to Kinyerezi in Dar es Salaam.

 

Source : NATURAL GAS ASIA
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