Russia’s gas company, Gazprom has held meetings with Tanzanian officials and is studying the possibility of tapping offshore and onshore natural gas, the Russian gas producer said.
Tanzania and other East African countries has become one of the hottest new oil and gas areas after finding that producers hope to exploit partly for export to Asia.
Several major companies including BG Group, Exxon Mobil and Statoil are at work on developing Tanzania’s gas resources. Gazprom International, a subsidiary of the Russian pipeline gas export monopoly that operates outside the country, said its officials have met representatives of Energy and Minerals Ministry and Tanzania Petroleum Development Corporation (TPDC).
“Gazprom International intends to complete studying of geological and geophysical information in the nearest future in order to take an appropriate decision on the prospects of work in Tanzania,” it said on its web site.
Tanzania has estimated it has 46.5 trillion cubic feet (tcf) of recoverable natural gas reserves, most of it found offshore south of the country.
Studies show that the resources could rise to 200 tcf after two years. Tanzania plans to start gas exports to its east African neighbours in 2015.
Agencies
