Asset Report

Mnazi Bay

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In 1982, Agip discovered the Mnazi Bay gas field in the onshore Rovuma Basin, southern Tanzania. Due to the lack of gas market in Tanzania, the field was not developed at the time. In 2004, Artumas (now Wentworth Resources) acquired the block and initiated the Mtwara Energy Project (MEP). Gas production began in 2006. Maurel & Prom operates the Mnazi Bay licence, after farming into the licence.

Table of contents

  • Summary
    • Key development metrics
    • Mtwara Energy Project
  • Exploration costs
  • Capital costs
    • TPDC contract
    • TANESCO contract
    • Gas end users
    • Other commercialisation proposals
    • Royalty
    • Cost recovery
    • Profit gas
  • Cash flow
  • Gas price
  • Global Economic Model (GEM) file name
  • Cash flow

Tables and charts

This report includes the following images and tables:

    Index mapMnazi Bay mapParticipation
    Hydrocarbon characteristicsReservoir characteristicsReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2016-2025)Production profileCapital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2025 to 2031 (US$ million)
  • 11 more item(s)...

What's included

This report contains:

  • Document

    Mnazi Bay

    PDF 3.41 MB