TANZANIA: TPDC Hires Baker Botts to Advise on $30 Billion LNG Project

Baker Botts (UK) L.L.P has confirmed press reports that it has been hired by the Tanzania Petroleum Development Corporation (TPDC), the national oil company of Tanzania, as the Transaction Adviser to the Government Negotiation Team and TPDC regarding the development of a liquefied natural gas project.

The project involves development and construction of an onshore LNG plant to process and liquify natural gas from significant offshore natural gas discoveries in Tanzania and to export liquified natural gas to international markets.

The project would involve TPDC and the Government of Tanzania together with a number of international energy companies including Equinor, Shell, ExxonMobil, Pavilion Energy and Ophir Energy.