DAR ES SALAAM, Dec. 6 -- THE HCG Gas Ltd, an investment company based in India, has shown interest to invest in Tanzanias City Gas Distribution and CNG project.

Companys representative, Ms Rekha Sharma, has visited the country and on Thursday this week, held a meeting with Tanzania Petroleum Development Corporation (TPDC)s Investment Manager Godbless Robiam in Dar es Salaam.

The purpose of the meeting was to explore investment opportunities in distribution of gas to households under City Gas Distribution project and Compressed Natural Gas (CNG) for vehicles in Tanzania.

During the meeting, HCG Gas Ltd submitted an initial and unofficial Expression of Interest (EOI) to TPDC outlining their proposed approach to implementing the project....