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The Tanzania government signed a Memorandum of Understanding with a United Arab Emirates firm for the construction of petroleum receiving and storage infrastructures. The deal was signed by the Ministry of Energy and representatives of the UAE-based Emirates National Oil Company Group. The decision aims at making Tanzania a petroleum hub in East and Central Africa as well as sustaining the country’s fuel demands for up to six months.

Tanzania and UAE firm sign petroleum facility deal

The Tanzania government signed a Memorandum of Understanding with a United Arab Emirates firm for the construction of petroleum receiving and storage infrastructures. The deal was signed by the Ministry of Energy and representatives of the UAE-based Emirates National Oil Company Group. The decision aims at making Tanzania a petroleum hub in East and Central Africa as well as sustaining the country’s fuel demands for up to six months.

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