Tanzania must make big concessions to revive zombie LNG project

Worsening situation in Mozambique should give investors pause for thought

Tanzania is trying to revive long-lost plans to build an enormous $30 billion onshore liquefied natural gas export project, which has been stuck for many years by disagreement over the fiscal terms for exploiting Tanzania’s vast gas wealth. Foreign investors are also anxious about ploughing big sums into a country beset by corruption and authoritarianis…

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