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Tanzania moves closer to LNG developments

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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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    Tanzania moves closer to LNG developments

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