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ROADBLOCK 2017 SERIES

A more radical move, he adds, would be for the companies to design a scaled-down version of the project, which could drop, for example, the planned onshore liquefaction plant.Shell and Equinor, he adds, are likely to be pushing for better tax terms, and could also try to lower costs, for instance through a lower local content requirement.“Something still has to change to make the problem economically attractive,” Bruce says.At the time, the company said the project’s estimated breakeven price was well above Equinor’s $40 per barrel average portfolio breakeven.The economics may not stack up versus other possible investments, he says, pointing to Equinor’s decision to write down its $982m investment in the project at the start of 2021. However, even if an agreement is reached with the government, he says, it’s possible the companies still might not go ahead.

The fact that dialogue has restarted is “very positive” and is an “important signpost,” Bruce says. READ MORE Nigeria's new petroleum law is forging a new trajectory for natural gas There are still big hurdles to overcome.” These, Bruce says, are “all potential sticking points. “The economics are difficult” for LNG as a greenfield project in Tanzania, which lacks developed infrastructure, says Roderick Bruce, associate director at IHS Markit in London.Ī host government agreement would need to cover fiscal terms, and the questions of domestic market supply and local content. The fact that it has not been developed since, hints at economic as well as political obstacles. The first discovery of Tanzanian natural gas was made in the Lindi region in 1974. “We expect stakeholders to fast-track negotiations and get the ball rolling.” There is currently a “favourable window of opportunity with mutual benefits for the government and foreign investors”, says Zaynab Mohamed, an analyst at Oxford Economics in Cape Town. “We are pleased with the energy and momentum brought by the government of Tanzania and look forward to having constructive discussions over the coming months.” The talks aim at establishing a “competitive and attractive project”, the statement says.

Equinor operates Tanzania’s Block 2, in which ExxonMobil also has a stake, while Shell operates Blocks 1 and 4.

“We have been engaging with the government of Tanzania and continue to be pleased about the partnership, cooperation and opportunities associated with the potential project,” says Jared Kuehl, vice president and country chair, Shell Tanzania and Equinor Tanzania’s country manager Unni Merethe Skorstad Fjaer.

Shell and Equinor made a joint statement to The Africa Report on the progress of the talks. The government is now aiming for construction to begin in 2023. The Bank of Tanzania projects that the initiation of the project alone will add two percentage points to the country’s economic growth. The project has the potential to end energy shortages in the country, he says. The project has many benefits, from the initial inflow of foreign investment and the employment generated, to solving the country’s energy challenges and garnering export revenue, Muhingo says. They have not.READ MORE Tanzania: President Hassan continues in Magufuli's footsteps The writer expresses the hope that some “longtimers” at Oakland County reach out with information, that others have come forward. I received the following encrypted email some seven months ago. In 2012 was this story was still being pitched as cops and prosecutors doing the best they could, bemoaning how their hands are tied, blah, blah, blah and the families portrayed as simply angry, limited and disappointed–how dare we complain publicly, sue for documents we were entitled to by statute, and demand that the fox no longer guard the henhouse?! Silly people. A county as corrupt as Oakland County, Michigan, and a state police force willing to play hide the ball. In an article with the headline “Decades of Despair and Still No Peace,” Ashenfelter observes: “Though it is not uncommon for families in unsolved homicides to become hostile with authorities, it is unusual for them to complain publicly, sue and demand that the investigation be reassigned to another agency.” I’ll tell you what is uncommon. I pulled out my hard copy of those papers and reread them. These papers do not maintain online archives the links expire.

ROADBLOCK 2017 SERIES

Brooks Patterson | 3 CommentsĮarlier this week a reader asked for working links to the June 17 series about the OCCK case written by David Ashenfelter for the Detroit Free Press. How will we maneuver around this public corruption roadblock? Posted: Decem| Author: cathybroad | Filed under: L.