Tanzania has nearly tripled its estimate of recoverable natural gas reserves to up to 28.74 trillion cubic feet from 10 trillion and plans to introduce new legislation later this year to regulate the gas industry.
Tanzania raised its estimate after huge recent discoveries in the east African country's deep-water offshore region.
Tanzania Energy and Minerals Minister Sospeter Muhongo said the recoverable gas reserves are estimated at 20.97 trillion cubic feet offshore and 4.27-7.77
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