Ophir Energy Says Tanzania LNG Project Could be Expanded


LONDON, March 20 (Reuters) – Tanzania's first planned liquefied natural gas (LNG) export terminal could be expanded after the project partners discovered more gas than expected, shareholder Ophir Energy said.

East Africa, tipped to become one of the next big gas-producing regions after huge discoveries in recent years, is in a race with the likes of Russia, Australia and Canada to feed an expected supply gap around the turn of the decade.

Tanzania's LNG export terminal, backed by Britain's BG Group and Norway's Statoil, is expected to start shipping gas to customers from around 2020, with a final investment decision expected in 2016. U.S. oil major Exxon Mobil is also a shareholder.


Copyright 2016 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Field Operations Supervisor II Job
Expertise: Field Service Tech|Refinery / Plant Operations Supervisor|Regulatory Compliance
Location: Minneapolis, MN
Supervisor Material Operations Job
Expertise: Materials Management |Purchasing|Supply Chain Management
Location: Amarillo, TX
Electrical Substation Field Operations Supervisor II Job
Expertise: Operations Management|Refinery / Plant Operations Supervisor|Supply & Distribution
Location: Township of Maple Grove, MN
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours