- Tanzania has a strong chance of becoming a major producer and exporter of natural gas over the next decade, according to the IMF, noting significant offshore discoveries made in the last 2-3 years and further exploration now underway.
- Although gas resources haven’t yet been declared commercially viable, estimates of discoveries indicate recoverable offshore gas resources of at least 24T-26T cf, potentially sufficient for a four-train liquid natural gas plant, the IMF says.
- Exxon Mobil (NYSE:XOM), Statoil (NYSE:STO) and BG Group (OTCPK:BRGXF, OTCQX:BRGYY) are planning to build the country's first LNG export plant.
Tanzania offers promising natural gas outlook, IMF says
From other sites
at CNBC.com (May 22, 2015)
Video at CNBC.com (May 21, 2015)
at CNBC.com (May 5, 2015)
Video at CNBC.com (May 5, 2015)
Video at CNBC.com (Mar 19, 2015)
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