Tanzania set to become 'logistics hub' for LNG industry

LNG carrier Tanzania hubA new port under construction in Bagamoyo will be capable of handling 20 times more cargo than Dar es Salaam port. (Image source: photozou.jp)PricewaterhouseCoopers (PwC) has said that ongoing infrastructure work in Tanzania will see the country become a hub within the global LNG industry

A report by the professional services firm said Tanzania could become a leading exporter of liquefied natural gas by 2025, supplying markets such as Pakistan, Spain, Chile and China.

With transport and utilities infrastructure projects worth US$19bn already in the pipeline, the country also has plans in place to construct a new port at Bagamoyo, 75 km north of Dar es Salaam in a project with China Merchants Holdings (International) worth more than US$10bn.

Once it becomes operational in 2017, the new port will include a special economic zone (EPZ) and railway network, and will be capable of handling 20 times more cargo than the current port in Dar es Salaam can.

With US$14bn worth of rail projects currently in development, the report added, Tanzania's rail network will include new links to Zambia, Malawi, Uganda, Burundi, Rwanda and DR Congo, while a domestic US$2.7bn project will see the construction of a new railway line between Tanga to Musoma.

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