Tanzania announces first gas discovery in more than 10 years (updated)
UPDATE 1-Tanzania announces first gas discovery in more than 10 years Adds detail and context throughout
DAR ES SALAAM, Oct 27 (Reuters) - Tanzania has discovered an estimated 223 billion cubic feet of natural gas in the Mnazi Bay area in the south of the country, its energy minister announced on Tuesday.
Energy minister Juma Homera said the reserves were found at the Kasa-1X ST2 well, explored jointly by state-owned Tanzania Petroleum Development Corporation (TPDC) and French oil company Maurel & Prom
The find is Tanzania's first gas discovery in more than 10 years
Homera said that TPDC and Maurel & Prom had drilled three wells — MB-5, MS-2 and Kasa-1X ST2 — that would help to boost the country's gas supply
Maurel & Prom has said that first gas production could start as early as next month
Homera said TPDC was already in talks with four investors planning small-scale liquefied natural gas projects
Before the latest announcement, Tanzania's discovered reserves stood at about 57.5 trillion standard cubic feet, according to the energy regulator
(Reporting by Nuzulack Dausen;
Writing by Vincent Mumo Nzilani;
Editing by Alexander Winning)
((Vincent.MumoNzilani@thomsonreuters.com))
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