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Statoil proceeds with Tanzania plant

March 18 2013 at 12:18pm
By Reuters

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Statoil

Reuters.

Norwegian energy firm Statoil's logo is pictured at the company's headquarters in Stavanger, Norway.

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Oslo - Statoil and BG are going ahead with plans to build a liquefied natural gas terminal in Tanzania after Statoil made its third gas discovery in the region in a year, Statoil's exploration chief said in an interview.

“We have enough gas to move forward,” Tim Dodson told Reuters. “We are working with BG to come up with a recommendation for a landing site.”

The firms expect to deliver their recommendation to Tanzanian authorities in the second quarter of this year. - Reuters


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