Why does Equinor say the Iran war makes Tanzania's LNG project more attractive?

Equinor says the Iran war makes Tanzania's LNG project more attractive because the disruption to energy flows in the Strait of Hormuz — caused by the U.S.-Israeli war with Iran — has undermined the reliability of Gulf producers like Qatar, and Tanzania offers a geographically safer alternative 'not exposed to these kinds of geopolitical challenges.'

Who are the key partners involved in the Tanzania LNG project, and how large is the gas resource?

Equinor and Shell are joint operators of the Tanzania LNG project, with Exxon Mobil, Pavilion Energy, Medco Energi, and Tanzania’s national oil company TPDC as partners; the project aims to unlock 47.13 trillion cubic feet of natural gas deposits.

Iran War Makes Tanzania LNG Project More Attractive, Equinor Says

Aug 25, 2026

Equinor states that Middle East disruptions make its stalled Tanzania LNG project more viable as an alternative supply source. The company also plans exploration drilling in Namibia later this year.

reuters

2026-08-25

Iran War Makes Tanzania LNG Project More Attractive, Equinor Says

Iran War Makes Tanzania LNG Project More Attractive, Equinor Says

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