Thursday, June 14, 2012

Large quantities of natural gas discovered in Tanzania

(Reuters) - Norwegian oil company Statoil and partner ExxonMobil have made a large gas discovery in the Statoil-operated Block 2 license in Tanzania, the company said in a statement on Thursday.

The new high-impact discovery has a preliminary resource estimate of 3 trillion cubic feet of gas in place.

"The result from Lavani, which is only 16 kilometers south of our recent Zafarani discovery, confirms the high potential in Block 2. We are also pleased to announce that the recently

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