Project Description
Creation of a public oil terminal in Tanga, building infrastructure so independent oil marketing companies can access refined petroleum products, LPG, and edible oil import infrastructure. Current oil offloading infrastructure is privately controlled, which limits access for independent oil marketing companies. The recommended option is the Raskazone site, with an estimated CAPEX of approximately USD 63M - significantly lower than the alternative Chongoleani option (approximately USD 248M), which was not recommended. The final report was issued in January 2023, with financing sought. This is one of the more approachable funding opportunities due to its smaller funding requirement and clear energy infrastructure use case.
Project Details
Estimated Value
$63.0M