Major gas discovery in Tanzania

Oil_rig_at_seaStatoil has made a high-impact gas discovery offshore Tanzania for the second timeNorwegian oil firm Statoil has made a second high-impact gas discovery offshore Tanzania

The Lavani well, situated at a depth of 2,400m, has revealed an estimated three trillion cubic feet (Tcf) (8.5 billion cubic metres) of gas, according to Statoil and partner company ExxonMobil.

This discovery occurred just 16km south of Statoil’s Zafarani well where, earlier in 2012, five Tcf (14 billion cubic metres) of gas was found.   It is the seventh international high-impact discovery made by Statoil over the last 14 months.

Statoil controls the licence for Block two on behalf of Tanzania Petroleum Development Corporation (TPDC).  Statoil executive vice president for exploration Tim Dodson claimed that both these discoveries presented the high potential of the block.

Dodson added, “The Lavani discovery demonstrates how Statoil's strategy of focusing on high-impact opportunities is paying off and supports the company's ambition for international growth.”

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?