The project will integrate petroleum refining, storage, logistics, petrochemicals and cross-border energy infrastructure along Tanzania's Indian Ocean coast. Building on the East African Crude Oil Pipeline (EACOP), government officials estimate the initiative could attract investments exceeding US$20 billion.
The proposed Tanga Regional Energy Hub is expected to attract investments exceeding 20 billion US dollars (about 52tri/-), ranking among the largest integrated energy infrastructure projects in SubSaharan Africa.