Tanzania firms up new reserves as companies consider bid round terms, gas policy

BG Group has announced an increase in total recoverable resources for the Mzia discovery and across blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion of a drilling and testing campaign that confirmed the Mzia field as a second giant gas discovery after Jodari, with 4.7tcf of total gross recoverable resources. Total gross recoverable resources across BG’s blocks 1, 3 and 4 are now estimated to be around 15tcf, with further exploration upside, while Statoil estimates 17-20tcf of gas in place in Block 2.