How the world plans to use Tanzania in bypassing the Gulf’s strait of Hormuz

Author: tanzaniatimes.netPublished on: April 30, 2026Country: Tanzania

PoliticsBusiness & Economy

How the world plans to use Tanzania in bypassing the Gulf’s strait of Hormuz

Tanzania is set to become a new Strait of Hormuz with a $42 billion liquefied natural gas (LNG) project under negotiation between Equinor, ExxonMobil, and Shell. This project aims to develop Tanzania's offshore gas reserves, creating one of Africa's largest LNG export hubs. If managed well, it could generate jobs and revenue, positioning the country on the global energy map.

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