Fidelity bank banner UBA banner
Tanzania offers Dangote land for coal mining

By News Express on 13/03/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,051


 

After last year’s deal by Tanzania’s government to supply natural gas to Dangote Cement Company in the southeastern town of Mtwara, the state has offered land to the Nigerian company to mine coal for its operations.

Tanzania’s Ministry of Energy and Minerals on Saturday handed a 10-square-kilometre plot of land to the $500 million cement factory set up in 2015 with an annual capacity of 3 million tonnes.

According to local media The Citizen, the move was sanctioned by President John Magufuli to allow the company get a reliable supply of coal to fuel its activities.

Tanzania has banned the importation of coal from South Africa and Tancoal, the only one coal producing company in the country, cannot meet the entire market demand.

Dangote runs on expensive diesel generators and requested Tanzanian government support last year to supply natural gas at a reduced price.

President Magufuli later intervened after a meeting with Nigerian billionaire and the company’s owner Aliko Dangote over stalled negotiations on prices.

He blamed middlemen for the delay in supply plans and said Dangote “will now buy natural gas directly from the state-run TPDC (Tanzania Petroleum Development Corporation)”.

Dangote, Africa’s biggest cement producer, is seeking to double Tanzania’s annual output of cement to 6 million tonnes.

It plans to roll out plants across Africa. (africanews.com)

Source News Express

Posted 13/03/2017 10:26:01 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Igbos angry with Jonathan •Why they may not...

Oil Theft: Group calls on FG for urgent...

2019: Governor Amosun declares intention to return to...

Yahoo boy loses $50,000 hit after being caught...

61 rescued infants critically malnourished after 2 years...

NEMA Boss blows N1.6bn flood fund

Obiano wins Zik Prize for Leadership

Usain Bolt upset in last solo race, beaten...

Nigeria to attain rice sufficiency by 2019: Buhari...

Yoruba Nation has the largest population in Nigeria...

Breaking: Champions Real Madrid crash out of Champions...

Shell Nigeria JV endows Professorial Chair in Automobile...

 

Latest News 2019: APC buying PVCs at N3,000, N10,000 — PDP Salaries, pensions: NLC draws battle-line with governors Having sex in a car in public not a crime, says Police Buhari’s refusal to sign Electoral Act, a ploy to rig 2019 elections — Wike NIS launches gun-boat in Cross River to curb illegal migration 2019: Buhari, Atiku, others sign Peace Accord Edo Govt. seals deal to effect permanent repairs on all potholes in the state No plan to increase petrol pump price — PPPRA Woman’s outrage as alleged rapist walks free Shell emerges Local Content Operator of the year Electoral Act: Override Buhari, Peter Obi Support Network tells NASS Oyo APA guber candidate accuses NURTW of campaigning for APC candidates

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (429,662 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (394,672 views) Shameless Genevieve Nnaji exposes breasts in public (327,585 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (280,903 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (247,731 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (229,208 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (212,015 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (193,220 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (179,509 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (170,382 views) Lagos plane crash: Journalist releases victims’ names (167,169 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (153,654 views)

 

Zenith Zero Balance First Bank chat banking

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (76) Business & Economy (3,873) Business Verdict (54) Columnists (972) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (575) Features (679) Global Business Monitor (311) International (2,806) Interview (167) Live Commentary (28) Love Matters (146) Maggie's Blog (69) News (41,345) Opinion (1,150) Pidgin (13) Politics (8,120) Religion (911) Sports (1,815) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera