Tanzania: New deep-water blocks on offer

Issue 264 - 25 Oct 2013 | 3 minute read
Tanzania is offering new deep-water acreage in its fourth licensing round set to launch on 25 October. The bid round is going ahead, although a new gas policy is not yet in place – previously a precondition for the auction to take place. Interested parties will be invited to bid for eight blocks, seven offshore and one in the north of Lake Tanganyika, by 15 May 2014 (AE 255/12). The prospect has triggered some excitement in industry circles, not least because the auction has been much delayed, but also because the offshore blocks lie adjacent to big gas discoveries made by BG Group and Statoil, which plan a liquefaction facility to market the gas.

Tagged with:

Pin Resources

Pin Tanzania

Want to read more?

Subscribe to African Energy

View subscription options

This article is available to registered users


Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map