We supply natural gas to support Tanzania’s power and industrial growth, as it transitions towards a lower carbon economy.
This guides everything we do and as such our main goal is to create long-term sustainable and accretive value for our investors, partners, communities and employees. We believe it is our responsibility to minimise the environmental impact of our operations and maximise our positive contribution to all our stakeholders, including the local communities that we serve.
We are the operator of the Songo Songo gas field offshore Tanzania. We produce natural gas from the Songo Songo gas field, and deliver this important transitional fuel into the country’s domestic energy market. The Company plays an important role in Tanzania’s energy framework and aims to generate value for all its stakeholders, including the local communities in and around its operations. The license is operated under a Production Sharing Agreement (PSA) with the Government of Tanzania (GoT) and the Tanzania Petroleum Development Corporation (TPDC).
Our downstream operations have focused primarily on supplying gas to TANESCO for power generation as per our agreements.
With time, and our continuous development of the Songo Songo gas field as well as improved production capacity at the processing plant, we have been able to also supply natural gas to approximately 50 industrial customers in Dar es Salaam.
PAET also built and operates a Compressed Natural Gas (CNG) filling station in Dar es Salaam. It is currently one of only two but it has seen steady growth in the number of users. This is in part due to efforts to build awareness to drivers in Dar es Salaam of the benefits and advantages of CNG.
We believe that a combination of strong governance practices and a diverse and talented workforce gives us the ability to create value for all our stakeholders.
We aim to inspire, protect, and nurture exceptional people. Additionally, we believe it is important that we provide support and shared value for the local communities. Given that our focus is on solely on Tanzania, we have a great opportunity to contribute positively to the local communities and economy.