Tag Archive for: natural gas

10 Little Know Ways To Make Huge Cash In Tanzania’s Oil and Gas

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Want business in the oil and gas? Wondering where to put money in Tanzania’s gas?

Are you uncertain how to profit from the oil and gas business in Tanzania?

  Does capital keep you down to start the gas business?

If the response to any of the above inquiry is Yes, then wipe away your tears.

Yes, you can say that again “ I WIPE AWAY MY TEARS”

As I point you to the 1o best deals to build wealth from oil and gas in Tanzania.

Let’s face them
1.Oil and Gas Writing
If you passionate about writing. This is the business for you to profit. You can make money writing  oil and gas article for the Local newspapers, and oil and gas start-up .

Fortunately, Tanzania’s magazine pay Tsh 30,000- 50,000 per articles within 30 days of publication. If you write 4 article you earn Tsh 50,000 × 4 =Tsh200,000.

But if you’re fast enough to craft 10 article . You make Tsh 50,000×10 = Tsh500,000.

The amount you make doesn’t matter . But is the peace of mind no bosses around. You get out the bed in the morning any time you like.

You make some tea. You grab your laptop. You settle in on the couch and start your work in your pajamas.

You ‘re own boss. So nobody gets tells you what to wear. Above all, every article you write transforms somebody’s life.
2:Oil and Gas pipeline security business.
We do love when transport gas from Mtwara to Dar es salaam.

And I am thrilled with government strategy to run the oil pipeline from Uganda to Tanzania .

Do you know why? Because the pipeline must be protected from the attack and leakage.

And is the point you make massive income when you protect pipeline  from threat with security experts. You should hire local communities live near  the pipeline passes.

Read:3:Reasons why you must Invest In Tanzania’s gas

3:Sell Oil and gas equipment
Oil and gas involve in searching for and drilling oil and gas need a broad range of equipment and machine.

So supplying drilling bits, Casing pipes. Drilling string you stand much chance of reaping good profit

4:Buy oil and gas company stock
Is the cool way to make living in Tanzania’s gas as the oil companies sell a share in the stock market.

Oil share is costly and in higher demand. But set a call to a broker will give you a road map for reaching your desire.

5:Oil and Gas Consultancy services

Do you like to meet new people? Have good communication skills and oil and gas training? Then you ought to consider helping people in key issue related oil and gas sector.

The funny thing is this, even without capital yet, you can still start this business at home mom and sell your insight to millions.

6:Developing Oil and Gas software and application
If you love computer programming(coding). Start building and sell software that best fit the oil business.

Do you capable of building software that helps oil and gas operation run safer? If yes, act now and make millions from gas market.

7:Oil and gas cleaning and food services
The biggest portion of Tanzania’s gas is on the deep sea. And many rigs and ships tend to be used in developing natural gas.

Such installations have people who need food stuff and live in clean places.

You make huge cash when you offer cleaning and food service to the oil and gas companies.

8:Run Petroleum Radio/Tv Show.
To raise awareness. We must inform Tanzanians about oil and gas industry. Launch your radio /Tv show that address a key issue in Tanzanian gas.

And you make money from oil and gas players who want to advertise their products and services .

9. Launch Lubrication Oil
Is the lucrative business in Tanzania. The market for this business is huge as the vehicle owners and factories are in serious interest in.

To help their equipment and operation run smoothly. Engine Oil, Automatic transmission fluid, Break fluid and greases are top selling products in lubricant market.

Also Read: The Ultimste Guide To Starat Lubricant  Oil Business In Tanzania

10. Start petroleum product transportation
Your job is transporting diesel, petrol kerosene to the various petrol station across the country. And you need to go into this business are: truck, drivers , and the permit from Ewura .

Discover the Oil and Gas business In Tanzania?
It’s Your best Chance to make some real money from Tanzania’s gas .

And it’s not hard as it looks. So what are you waiting for?

Now go out there and make it happen.

What Does Natural gas discovery in Tanzania mean for  Local Entrepreneurs

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With this massive discovery of natural gas in Tanzania which is nearly 55.5 trillion cubic feet,  international companies and foreign  investors across the world are swarming in Tanzania to invest in natural gas sector.

What does it mean to Tanzania entrepreneurs?

 The logic here is very simple: there is unlimited opportunities in natural gas industry to create huge wealth, and that’s why many investors are attracted to it:

But the sad reality is that, most of local  entrepreneurs  are still place limit to themselves  with  excuses like “I m not good enough in oil and gas stuff” some of us we believe oil and gas business is only for “BIG BOYS”  with  big financial muscles

Discovery of natural gas in Tanzania means opportunities to Local entrepreneurs to creates financial freedom. This discovery of natural gas should inspire the creativity of locals entrepreneurs.

With this growth of Tanzania economy by 6.5 percent in the first quarter of 2015 means demand of energy is going to increase,which increases the investment opportunities in Tanzania.

If you are very interesting in oil and gas business and you don’t know where to begin here 6 oil and gas business opportunity in Tanzania.  You can start with

Good Luck:

5 Ways To Get Job You Want In Oil and Gas Industry

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Looking for job in oil and natural gas industry in Tanzania? Are you college student and you would like to bank six figure starting salaries? You are about to learn  some really great stuffs.

The article explains some great ways to join petroleum companies,for those  looking career or continue careers in oil and natural gas industry.

Petroleum industry has its own hiring methods and the methods we are going to discuss here, are the one applied by many Tanzanians who are currently enjoying career in petroleum companies.

If it work for them, it must work for you as well

Lets  face them:

1:University career fairs: Oil and natural gas companies have been recruiting  students from local universities for years.

Career fairs is the excellent opportunity for you , because attending these events enabling you to meet recruiters and employers of the oil companies who needs your skills.

During career fair you would be doing  a series of interviews, when you win competition  , you will receive job offer from particular oil companies

For instance, students from University of Dar es salaam,(UDSM) and Dar es salaam Institute of technology(DIT) have got job offer prior to their graduation date.

As I am writing this articles some of them are enjoying career with Schlumberger, Halliburton, Pan-African energy. To see example of Tanzania who join oil company through this method, click here: maintenance engineer in charge and maintenance supervisor at  Schlumberger  Innocent Anthony.

2.Company websites:

Most oil and gas company they often post open positions  on their website before posting elsewhere.

By free registration and creating account, on their website you will able  to see all posted jobs, and you can apply directly through these sites,

To apply for these jobs you don’t need to be an Internet expert,because they provide further details about the application process,

After applying, when you meet their qualifications  required for particular jobs they will contact you through phone but in most cases through your email address.

The best news is that we have some of Tanzanians currently working with petroleum companies thanks to company website method. Example of oil and company website you can apply now: http://www.bakerhughes.com/careers and http://careers.slb.com

3.Job Portals or jobs sites: Is among of the popular methods to get jobs in oil and natural gas companies. I have already explain about it in my previous articles, if you miss it, you should read here:see important job sites-for petroleum jobs.

4:Network, Network, Network: Instead of posting jobs on jobs board which might cost company in terms of time and money, many employers  use current employee inside the company to look for ideal candidates to fill open positions.

As you look for career in natural and gas industry your job is to wide your network by asking friends and family about others who are currently working with oil and natural gas industry and network with.

The more people you know in oil and gas industry  the more you increase your chance to get jobs in oil and gas companies

5:Social Media:  Social media is  a nice platform to meet with people regarding to your interest.If oil and gas is your passion, the social media I recommend you to use is LinkedIn. It will expose  you to the world of recruiters and other peers.Don’t be shy to ask people for information or advice on LinkedIn about oil and gas matters. Because linked in is designed for business purpose.

My Final Words

If you will take actions,these methods  are starting point of getting  jobs in oil and gas industry not only in short time but for  the rest of your career.

Southern Africa Oil & Gas Market 2015-2025:

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Visiongain has calculated that the Southern African oil and gas market will see capex of $18.55bn in 2015, including spending on both upstream exploration & development (E&D) and midstream infrastructure.

Southern Africa is the single largest region of Africa, a region that includes a diverse range of economies all at varying stages in terms of oil and gas industry development. OPEC member Angola and newcomer Namibia on the West coast are set to increase oil and gas production over the coming years with the continuing exploitation of pre-salt reserves.

Mozambique and Tanzania are set to rapidly increase gas production to cater for burgeoning domestic and regional demand for gas-to-power facilities, as well as a desire to supply the resource-hungry economies of Southern Asia via LNG exports. South Africa is looking to expand its offshore operations, boosted by successes off its Western coast, as well as hoping to expand onshore shale gas development in the Karoo Basin to supply the needs of the region’s economies.

Read:Tanzania oil and gas market insight and outlook report h2 2015-2025

Lastly, Madagascar is set to become one of the world’s most exciting emerging oil producers, and is currently vying for foreign capital along with other countries in the region to develop its large onshore, heavy oil and oil sands reserves over the coming decade.

The report will answer questions such as:
– What are the prospects for upstream oil and gas markets in Southern Africa?
– What are the prospects for midstream oil and gas markets in Southern Africa?
– How are oil prices affecting the Southern African oil and gas market?
– Who are the leading companies in Southern Africa?
– Which Southern African countries are currently attracting the most upstream and midstream spending and how will this change over the coming decade?

How will you benefit from this report?
– Over 280 pages of analysis, including 153 charts and tables, which provide the perfect accompaniment to high-end business presentations
– Details on upstream exploration and development activity across 226 active license blocks in the region
– Information on 24 current and future midstream projects
– Up-to-date oil price forecasting and analysis
– Sections on Economy and Energy Sector Development by country
– Sections on Political Risk Analysis by country
– In-depth interviews with industry experts, providing exclusive insights into oil and gas developments across the region

Five reasons why you must order and read this report today:

1. The report provides forecasts and analyses for the main categories of oil and gas upstream and midstream spending in Southern Africa

Upstream
– Geophysical studies
– 2D studies
– 3D studies
– Onshore wells
– Offshore wells and subsea development
– Floating Production Systems (FPS)

Midstream
– Pipelines
– LNG facilities
– GTL facilities
– Refineries
– Storage

2. The above upstream & midstream submarkets and spending categories are broken down for the six largest national markets in Southern Africa
– Angola
– Madagascar
– Mozambique
– Namibia
– South Africa
– Tanzania
– ‘Rest of Southern Africa’ (Botswana, Lesotho, Swaziland, Zambia and Zimbabwe)

3. Tables and analysis detailing the latest activity within each Southern African licence block

4. The analysis is also underpinned by our exclusive interviews with leading experts:
– James Baban, Managing Director of Tanzania Ltd
– Dr David Mestres Ridge, CEO of Swala Energy

5. Comprehensive accompanying analysis on each country:
– Economy and Energy Sector Development
– Political Risk Analysis

Who should read this report?
– Companies currently investing in, or thinking of investing in, any Southern African countries
– Anyone within the upstream and midstream oil and gas industry
– CEOs
– COOs
– CIOs
– Business development managers
– Marketing managers
– Suppliers
– Investors
– Contractors
– Government agencies
– Onshore/offshore drilling engineers
– Geologists

Read the full report: http://www.reportlinker.com/p03337066-summary/view-report.html

Tanzania signs oil pipeline MoU with Uganda

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KAMPALA, Uganda – Governments of Tanzania, Uganda,  French firm, Total E&P (Uganda) and the Tanzania Petroleum Development Corporation (TPDC) have signed  a Memorandum of Understanding for a crude oil export pipeline framework writes SAM OKWAKOL.

“If we can be able to get a least cost pipeline route to the East African coast, our crude oil will be exported cheaply,’’ Dr Fred Kabagambe-Kaliisa, the Permanent Secretary of Uganda’s Ministry of Energy and Mineral Development, said last week.

According to a Ministry statement, the MoU creates a working framework for the potential development of a crude export pipeline from Hoima to Tanga Port in Tanzania.

The objective is to select a route that will result in the lowest unit transportation cost that constitutes the most viable option for the crude export pipeline.

The MOU also provides for other participants to join in the process of assessing and developing this option.

Ngosi Mwihava, the acting Permanent Secretary in Tanzania’s Ministry of Energy and Minerals said: “This infrastructure will stand the test of time in our regional cooperation. Tanzania is carrying out exploration work along the proposed route where any potential discovery will further enhance the economics of the project.”

Also Read:Tanzania and Uganda agree to build crude oil pipeline

He said: “The due diligence is a valid exercise, because you have to justify the route you are going to consider to justify the least cost option.”

Dr Kabagambe-Kaliisa, said the MoU also enables the signatories to continue working together to fine tune studies and field work on the Tanga route.

This is in order to further appraise the merits of a crude export pipeline option through Tanzania with a view to achieving the lowest unit transportation cost for crude oil from Uganda.

Adewale Fayemi, the General Manager Total E & P (Uganda), described the MoU as a key milestone of achieving the least cost option to transport Uganda’s crude oil to the Indian Ocean. “We look forward to fine tune the process.”

He sadi Total E&P is committed to supporting the route and collaborating with all the partners involved.

James Mataragio, the TPDC Managing Director said: “This a great project, which if executed, it will create opportunities for the people of Tanzania

“This project is going to open new investment opportunities, and create jobs for citizens of both countries. We have that experience required to build and manage pipelines. I want to assure Ugandans that they have got all the support from TPDC and Government of United Republic of Tanzania,” Mataragio said.

The Uganda government has signed MoUs with oil companies licensed in the country for the commercialization of the oil and gas resources.

It was agreed that the crude oil discovered in Uganda is commercialized through crude to power, refining and export of crude oil.

In this regard efforts to establish a least cost pipeline route to the East African coast are being undertaken in partnership with industry and the respective Partner States where the crude export pipeline is likely to pass.

Uganda is currently undertaking a process to identify and assess the comparative merits of three pipeline routing options, two via Kenya to Mombasa and Lamu, and one via Tanzania to Tanga, in respect of the export of crude oil from Uganda to the international market. The objective is to select a route that will result in the lowest unit transportation cost and constitutes the most viable option for the pipeline project.

credit:busiweek

Is East Africa’s gas asset boom about to go bust?

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Recent oil and gas discoveries across East Africa, most notably in Mozambique and Tanzania, have seen the region emerge as a new player in the global oil and gas industry. As exciting as the huge gas fields of East Africa are, however, the strong decline in oil prices and expectations for an L-shaped recovery with low prices over the coming years are increasingly challenging the economic viability of the industry in this region.

The discoveries were expected to drive billions of dollars in annual investment to the region over the next decade. According to BMI estimates, the finds in the last few years are more than that of any other region in the world, and the discoveries are expected to continue for the next few years.  However, falling global oil prices are threatening the commercial viability of many of these gas prospects.

The Indian Ocean, off the coast of Mozambique and Tanzania, is proving to be a rich hunting ground for natural gas exploration. According to US Geological Survey estimates, the combined gas reserves of Mozambique and Tanzania could be as high as 250 trillion cubic feet. In Mozambique alone, proven gas reserves have increased dramatically from a mere 4.6 trillion cubic feet in 2013 to 98.8 trillion cubic feet as of mid-2015. Given continued offshore discoveries and the size of discoveries to date, continued growth in proven gas reserves is likely to continue into the foreseeable future.

New exploration on more frontier blocks, however, will likely be slowed as oil and gas prices fall and companies apply increasing caution to investing in frontier markets with nascent industries, poor infrastructure and long lead times.

As liquefied natural gas (“LNG”) contracts remain heavily indexed to oil, the fall in global oil prices poses significant downside risk to gas production projects. Persistent oversupply in the oil market continues to put downward pressure on oil prices. This trend of lower prices is unlikely to reverse in the near future with futures prices estimating the average Brent crude oil price to range between USD50-65/bbl over the next five years. Industry research estimates that an oil price of USD70-80/bbl would be needed for the LNG gas projects just to break even.

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Sustained lower oil prices are likely to take a heavy toll on the development of upstream gas production and downstream refining projects in the region, as pricing uncertainties affect the commercial viability of LNG projects, delaying investment in the region. This will likely see companies hold off on Final Investment Decisions (“FID”) as they attempt to overhaul projects to cut costs and wait for more certainty on the direction of prices.

In Mozambique, for example, both Eni and Andarko have yet to reach a FID on their respective LNG projects. The lower price environment will likely force these companies to secure more off-take agreements before reaching FID. Furthermore, it is unclear whether these projects would be economically viable at current pricing levels, and given expectations for a slow recovery in oil prices over the coming years, we could see further uncertainty and delays in reaching FID.

The free fall of global oil prices is forcing companies to re-evaluate their growth strategy in the region. Anadarko CEO, Al Walker told investors that it is “unlikely that we will have the kind of margins that we have seen historically that would encourage us to go back into a growth mode.”

In Tanzania, the situation is just as precarious. Gas output will depend on construction of an LNG export terminal; however the project partners – BG Group, Ophir Energy, Statoil and ExxonMobil – have yet to reach FID, due to pricing uncertainties and a range of legal and regulatory hurdles.

Downstream refining projects are also in jeopardy. According to a Sasol report, Sasol, Eni and ENH have announced a partnership to look into a feasibility study for a large-scale gas-to-liquids (GTL) facility in Mozambique. However, key to the progression of a GTL project in Mozambique will be the cost of the gas feedstock and the long-term outlook for oil prices. Central to GTL economics is the price spread between natural gas and oil.

On a positive note, both Mozambique and Tanzania are expected to experience positive gas consumption growth as their respective governments look to increase the use of natural gas in domestic power generation. However, as in the case of Nigeria, there is a risk that each government may fix domestic gas prices, which could hinder investment in the region. Interestingly, Nigeria recently raised local gas prices to stimulate investment and plug persistent local shortages.

Tanzania Oil and Gas Market Insight and Outlook Report H2 2015 – 2025

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The Tanzania oil and gas report provides complete analysis and forecasts of Tanzania upstream, downstream and midstream sectors. The research work provides analysis of key opportunities and associated challenges facing Tanzania markets. Yearly production and consumption forecasts of oil, gas, LNG, LPG, gasoline, diesel and fuel oil from 2005 to 2025 are included in the report. Further, primary energy demand, GDP, population and vehicle production details are provided from 2005-2025.

All potential new business and investment opportunities in Tanzania oil and gas markets with feasibility of planned projects, expected start-up, and investments required are included. Further, asset-wise details of oil fields, gas fields, exploration blocks, LNG terminals, storage, pipeline and refineries operational in the country are analyzed.

Tanzania infrastructure, market conditions, investment climate and competitive landscape are analyzed through sophisticated tools and presented in a user-friendly manner through SWOT analysis, benchmarking and positioning matrix.

The report also details the business profiles of three key companies in the Tanzania oil and gas industry. Business operations, SWOT Analysis and financial performance of the companies are provided. All the latest developments in the Tanzania oil and gas industry and their impact on the industry are included in the report.

Key Topics Covered:

1 Tables & Figures

2 Tanzania Oil and Gas Market Analysis

3 Tanzania Oil and Gas Outlook to 2025

4 Investment Opportunities in Tanzania Oil and Gas Sector

5 Tanzania Macro-Economic and Demographic Analysis and Outlook to 2025

6 Tanzania Oil and Gas Companies and Market Competition Outlook

7 Tanzania Upstream Industry Analysis and Outlook

8 Tanzania LNG Industry Analysis and Outlook

9 Tanzania Refinery Industry Analysis and Outlook

10 Tanzania storage industry Analysis and Outlook

11 Tanzania pipeline industry Analysis and Outlook

12 Company Profiles of Oil and Gas Companies in Tanzania

13 Latest Tanzania oil and gas News Landscape

For more information visithttp://www.researchandmarkets.com/research/wkq49v/tanzania_oil_and.

Tanzania and Uganda Agree To Build Crude Oil Pipeline

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Uganda and Tanzania have signed an agreement to explore the possibility of building a crude oil pipeline between the two countries, Uganda’s Ministry of Energy and Mineral Development said on Monday.

“The (agreement) creates a working framework for the potential development of a crude export pipeline from Hoima to Tanga Port of Tanzania,” the ministry said in a statement.

“The objective is to select a route that will result in the lowest unit transportation cost that constitutes the most viable option for the crude export pipeline,” it said.

Also Read:Oil firms prefer Tanga pipeline route to Tamu 
This comes just one day after Tanzania initiated a $1.33 billion project to pipe natural gas to its commercial capital, Dar es Salaam, and help relieve chronic power shortages in the city, the president’s office said in a statement on Sunday.

The 532 km (330 mile) Mtwara-Dar es Salaam pipeline and gas processing plants, largely financed by a Chinese loan, is part of a plan to add about 2,000 megawatts of new gas-fired electricity generating power by 2018 to increase Tanzania’s generating capacity to 10,000 MW by 2025.

Most new plants will be gas-fired but Tanzania also wants to use coal reserves and renewable resources such as wind and geothermal.

“Tanzanian president Jakaya Kikwete inaugurated the pipeline and gas processing plants … ensuring availability of gas for electricity generation to power factories and for domestic use,” the presidency said in a statement.

The expanding capacity will help meet domestic demand as the government connects more people to the national grid beyond the 40 percent who are connected now, and offer the opportunity to export to neighbours.

Tanzania estimates it has about 55 trillion cubic feet (tcf) of recoverable natural gas reserves off its southern coastline. Discoveries in Tanzanian and Mozambican waters have led to predictions the region could become the world’s third-largest exporter of natural gas.

The government said it hopes by switching to gas-fired power plants to save around $1 billion a year in oil imports for electricity generation after the completion of the pipeline.

Kikwete also confirmed a project to build a new cement plant owned by Nigerian businessman Aliko Dangote in southern Tanzania close to its natural gas fields.

Kikwete said the factory would produce 3 million metric tonnes of cement a year, and cost $600 million to construct.

Tanzania:Extracting of Natural Gas In the Indian Ocean Likely to Take Longer

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Hopes of extracting liquefied natural gas (LNG) in the Indian Ocean have been dashed after officials implementing the multibillion-dollar project discovered an underwater canyon that is likely to cause delays.

 
Work on the over US$15bn plant for LNG exports earmarked to start in 2020  now likely to take longer than expected should the government and other key players, specifically oil marketers BG and Statoil, fail to reach an agreement.
 
Venosa Ngowi, a senior petroleum geologist in the state-owned Tanzania Petroleum Development Corporation (TPDC) told the Tanzania Editors’ Forum in Bagamoyo last weekend that the project has ‘stalled’ because at the firms and the government have not decided how to circumvent them.
 
The forum was organised by the Journalists Environmental Association of Tanzania (JET) to brief journalists on contentious issues in the extractive industry.
 
Acknowledging that more needs to be done, Ngowi said the TPDC and oil marketing companies were now cooperating in  overcoming the challenge. She said Tanzania, with its latest discoveries standing at 55.2tcf, holds one of the biggest East African natural gas reserves after Mozambique.
 
Ngowi said 11 wells have already been drilled, among which four were generating power for domestic and industrial use.
 
“Because of the high demand for stable power supply, TPDC has even been using a gas well at Mkuranga, Coast Region, which is not economically viable for supplying . All the wells being used do not include the new ones drilled offshore,” she said, referring to the challenge of setting up an LNG facility.
 
In addition to canyons, construction of the onshore LNG export terminal that would handle two train rakes has been delayed mainly because of complex land acquisition procedures and an uncertain legal and regulatory framework.
 
Energy experts have warned the government not to rush into making decisions on the project, considering that oil and gas prices on the global market are currently not appealing.
 
Nevertheless, Natural Resources Governance Institute (NRGI) senior regional associate Silas Olan’g cautioned the government not to take decisions based on pressure from oil marketing firms.
 
He said it was very likely that the government would lose if prices of oil and gas stabilise in the global market, pointing out:
 
“This is not a new thing. It happened during the rush for gold extraction when pressure was put on the government and it took non informed wrong decisions when the price of gold was not attractive on the world market.
 
“This is what is likely to face Tanzania if it now implements uninformed decisions,” he told this reporter on the sidelines of the forum. He added: “A good investor won’t rush to make investment decisions in the middle of low prices.” he added.
 
Dr Ellen Otaru, the JET chairperson called on the editors to take part in the entire process of reporting the extractive industry for the public to make informed decisions before implementation.