Tanzania and Mozambique are the one two gas producers in East Africa and have confirmed pure gas reserves of 230 billion cubic toes and four.5 trillion cubic ft, respectively. Each countries don’t have any crude oil reserves but hold substantial gas reserves and are expected to turn out to be the region’s first exporters of liquefied natural fuel (LNG).
Fuel manufacturing in Tanzania began in 2004 after fuel was discovered within the Songo Songo, Mnazi Bay and Mkuranga fuel fields. The country doesn’t export pure fuel and all the produced fuel is locally consumed. On the other hand, Mozambique exports a major portion of the produced pure gas to South Africa via the 535-mile Sasol Petroleum Worldwide Gas Pipeline. The remaining portion is domestically consumed. In addition, the offshore gasoline discoveries within the Rovuma basin in 2010 have supplied the impetus for the construction of four LNG units within the nation which can be expected to make Mozambique a large LNG exporter by 2018. Mozambique’s offshore Rovuma Area 1 is believed to become the world’s second largest LNG export site by 2018.
Both nations have registered impressive economic growth up to now 10 years. In 2012, Tanzania achieved an economic progress price of 6.9 % while Mozambique improved on its 7.5 % growth charge to 8.1 % in the third quarter of 2013, in line with latest World Financial institution experiences. Inflation additionally has declined to 9.Eight percent in Tanzania in March 2013, while Mozambique attained a record low of 1.2 percent in September 2012.
“Much like Uganda and Kenya are scrambling to grow to be the region’s first oil exporters, Tanzania and Mozambique also find themselves locked in a race to grow to be East Africa’s first exporters of pure gasoline, today’s fastest rising fossil gas. /p>
Both Tanzania and Mozambique depend on imports for his or her petroleum wants and have nearly no downstream business. A 17,000 bpd topping and reforming refinery was commissioned in Tanzania in 1969. However, the refinery operated at solely 60 percent of its full capacity and was deemed to be uneconomical in 1995 despite efforts to rehabilitate the refinery since 1991. Business operations on the refinery ceased in 1999 and the refinery has since then been converted right into a Water Seal System For Pyrolysis storage terminal. Mozambique additionally had a small refinery in Maputo which was mothballed in 1984 and the country imports petroleum products from South Africa. Plans of building a 350,000 bpd refinery at an estimated investment of USD 12 billion are in process.
Consumption of petroleum products in Tanzania amounted to 43,310 bpd in 2011. More moderen knowledge point out that in October 2013 Tanzania imported 7200 bpd of petroleum merchandise that embrace diesel gasoil, gasoline, jet fuel and kerosene. Mozambique imports petroleum products principally from South Africa and the country’s consumption of petroleum merchandise amounted to 19,580 bpd in 2011.
Manufacturing of plastic articles in Tanzania amounted to 15,383 metric tonnes in 2012, in response to the Nationwide Bureau of Statistics. The variety of plastic processors in Tanzania have increased from 41 in 2009 to more than one hundred in 2013. Notable plastic companies in Tanzania embrace Sumaria Holdings, which owns Tanzania Plastic Industries, Simba Plastics Tanzania, Sumaria Industries and DPI Simba, Jambo Plastics, Centeza Industries and Cello Industries. Topack, Riplex and Implastic are among the many leading plastics processing firms in Mozambique.
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