ExxonMobil (XOM) and Norway's Statoil (STO) say analysis of a recent discovery off the coast of...

|About: Statoil ASA (STO)|By:, SA News Editor

ExxonMobil (XOM) and Norway's Statoil (STO) say analysis of a recent discovery off the coast of Tanzania shows it holds up to 5T cubic feet of natural gas, further cementing the idea that East Africa could become an exporter of liquefied natural gas to Asian markets (earlier).