Is natural gas the new gold in Tanzania?
Tanzania has 57 trillion cubic feet of natural gas. How can it make the most of it?
Africa Daily · BBC World Service
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Show Notes
Tanzania’s government is now preparing to build a Liquefied Natural Gas plant to process its vast natural gas. This comes after President Samia Suluhu Hassan said her administration had attracted $30 billion in foreign investment. Once it’s been liquified, the gas which forms naturally underground over many years, is expected to be exported to countries in Europe and Asia. The government say this will create thousands of jobs and help to ease some of the financial burdens on Tanzanians who’ve been dealing with hikes in fuel prices. In April prices across the nation hit a new record high.
Presenter: Alan Kasujja Guests: Modestus Lumato and Salum Awadh