Tanzania awards state oil company four new exploration blocks

By Reuters News

- Tanzania's government has awarded state oil company Tanzania Petroleum Development Corporation (TPDC) four new oil and gas exploration blocks, the company said on Wednesday.

  • The blocks — Mnazi Bay North, West Songo Songo, Eyasi-Wembere and Lindi-Mtwara — have already had some initial exploration activity such as seismic surveys, TPDC managing director Mussa Makame said

  • The East African country is aiming to ramp up energy output, including by finalising agreements on a $42 billion liquefied natural gas project in the coming months

  • On Tuesday, Tanzania announced its first gas discovery in more than a decade

  • Tanzania's LNG project is being led by Equinor EQNR.OL and Shell SHEL.L. While most of the LNG will be exported, part of the production will be for the domestic market

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