Statoil proceeds with Tanzania plant

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

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

Published Mar 18, 2013

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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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