AMINEX Forum

I would stay invested. I do not know the facts and figures, but they are good by all accounts. I think investing in Tanzania is the same as investing in China. It might as well be a Chinese Colony.

You know you are happy with this share when you are feeling sorry that you are off work tomorrow because it is a holiday and the markets are closed.! You will miss the buzz.

on the 9th of October i pessimistically suggested 3.5 by the end of the year - if we reach that today i will be happy "3.5p I have been in this for too long to get overly excited"

Well more about investment in general really

A New York Times article on the Tanzanian gas pipeline: [link]

Will be great when the other four million families are connected to gas [link]

[link]

Hope I do a better job pasting it this time: The Tanzanian government has announced that it will begin using the new 517km pipeline to transport natural gas from Mtwara to Dar es Salaam in January. The Tanzania Petroleum Development Corporation (TPDC) has submitted to the Energy Water Regulatory Authority (Ewura) a proposal to charge $4.178 as the tariff for a million metric British thermal units (MMBTU) of gas. TPDC wants Ewura to grant regulatory approval for the fee applicable to consumers in power generation, industrial use, vehicles, households and institutions from January 1, 2015 to December 31, 2017. TPDC is finalising the construction of two plants at Madimba in Mtwara and Songo Songo Island in Lindi region with a gas pipeline from Mtwara through Somanga Fungu to Dar es Salaam. “The planned commercial operations start date is January 15, 2015,” said TPDC director of marketing and investments Joyce Kisamo. She added that an appropriate tariff is the only option to help service loans and recover capital costs. The $1.2 billion Mtwara-Dar es Salaam pipeline was begun in July 2012, with a loan from the Export-Import Bank of China meeting 95 per cent of the cost. The China Petroleum and Technology Development Company was awarded the contract to construct the pipeline. READ: Tanzania tops in foreign investments into the region The Madimba village plant has two processing units, each with a capacity of 70 million standard cubic feet per day (MMSCFD) of gas and the Songo Songo Island plant has two units of 70 MMSCFD. The entire pipeline has a capacity of 784 MMBTU, which will be raised to 1,002 MMSCFD in future.

I found this, not sure if it is the article mentioned below: Africa Review|Daily Nation|Business Daily|NTV|Daily Monitor|The Citizen|Mwananchi|Swahili Hub HOME Login GO News Business Opinion and Editorial Magazine Rwanda MBA HomeBusiness BUSINESS Pipeline ready to transport gas to Dar, say officials SHARE BOOKMARKPRINTRATING The entire pipeline has a capacity of 784 MMBTU, which will be raised to 1,002 MMSCFD in future. FILE | TEA Graphic By KENNEDY SENELWA Posted Saturday, December 13 2014 at 13:14 IN SUMMARY The $1.2 billion Mtwara-Dar es Salaam pipeline was begun in July 2012, with a loan from the Export-Import Bank of China meeting 95 per cent of the cost. The entire pipeline has a capacity of 784 MMBTU, which will be raised to 1,002 MMSCFD in future. SHARE THIS STORY 0 inShare The Tanzanian government has announced that it will begin using the new 517km pipeline to transport natural gas from Mtwara to Dar es Salaam in January. The Tanzania Petroleum Development Corporation (TPDC) has submitted to the Energy Water Regulatory Authority (Ewura) a proposal to charge $4.178 as the tariff for a million metric British thermal units (MMBTU) of gas. TPDC wants Ewura to grant regulatory approval for the fee applicable to consumers in power generation, industrial use, vehicles, households and institutions from January 1, 2015 to December 31, 2017. TPDC is finalising the construction of two plants at Madimba in Mtwara and Songo Songo Island in Lindi region with a gas pipeline from Mtwara through Somanga Fungu to Dar es Salaam. “The planned commercial operations start date is January 15, 2015,” said TPDC director of marketing and investments Joyce Kisamo. She added that an appropriate tariff is the only option to help service loans and recover capital costs. The $1.2 billion Mtwara-Dar es Salaam pipeline was begun in July 2012, with a loan from the Export-Import Bank of China meeting 95 per cent of the cost. The China Petroleum and Technology Development Company was awarded the contract to construct the pipeline. READ: Tanzania tops in foreign investments into the region The Madimba village plant has two processing units, each with a capacity of 70 million standard cubic feet per day (MMSCFD) of gas and the Songo Songo Island plant has two units of 70 MMSCFD. The entire pipeline has a capacity of 784 MMBTU, which will be raised to 1,002 MMSCFD in future.

It was published in the Christmas edition of The Phoenix magazine that came out a couple of weeks ago. It is a Irish magazine that comes out every fortnight