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Equinor Says Middle East Conflict Boosts Importance of Delayed Tanzania LNG Project

MT Newswires·08/25/2026 08:16:06
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08:16 AM EDT, 08/25/2026 (MT Newswires) -- Equinor (EQNR.OL) said the Middle East conflict has increased the importance of developing its long-delayed liquefied natural gas export plant in Tanzania, Reuters reported Tuesday, citing the company's Head of International Operations Philippe Mathieu. The negotiations between the energy company and Tanzania over the project's investment terms and conditions have been going on for years, without yielding any results.