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    UPI: Statoil Finds More Gas Offshore Tanzania

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Summary

Statoil has added another gas discovery to its Tanzania roster, bringing the number of finds to 8 and the estimated reserves therein to 22 trillion cubic feet

by: Erica Mills

Posted in:

Press Notes, Africa

UPI: Statoil Finds More Gas Offshore Tanzania

Tanzania may be ripe for future offshore natural gas development, though time is needed for appraisal after the latest find, Norway's Statoil said Monday.

Statoil announced the discovery of roughly 1 trillion and 1.8 trillion cubic feet of natural gas in the Mdalasini-1 well off the Tanzanian coast. Marking the end of the first phase of operations there, the company said its eight discoveries to date combine for approximately 22 trillion cubic feet of gas reserves.

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