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Tanzania moves closer to LNG developments

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19 March 2013

Tanzania moves closer to LNG developments

Report summary

Statoil made its fourth deepwater gas discovery in Tanzania with the Tangawizi-1 well on Block 2. The well encountered 4-6 tcf of Gas Initially in Place (GIIP) and Wood Mackenzie estimates 3.5 tcf are recoverable, bringing total volumes on the block to 11.5 tcf.

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