DODOMA, Nov. 3 -- TANZANIAS progress towards implementing its long-awaited Liquefied Natural Gas (LNG) project reflects the strategic direction and investment-driven leadership of President Dr Samia Suluhu Hassan, whose second-term administration is positioning the energy sector as a major pillar of long-term economic transformation.

The proposed 42 billion US dollars (about 110tri/-) LNG investment in Lindi represents one of the countrys most significant opportunities to attract international capital, strengthen energy security and expand industrial capacity.

The conclusion of negotiations on commercial terms, taxation and revenue sharing marks a major breakthrough in advancing a project that has remained under discussion for years.

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