Hivi hakuna wazalendo wenye uwezo wa kufanya CONSORTIUM wakanunua hizi investments?
Hao MAFISADI wanaoficha vijisenti vyao huko nje, kwanini wasitumie hiyo akiba kuwanunua hawa wawekezaji? Naona wawekezaji wetu wanapasiana wao kwa wao na nchi yetu imekuwa shamba la bibi!
SOURCE: Reuters
Hao MAFISADI wanaoficha vijisenti vyao huko nje, kwanini wasitumie hiyo akiba kuwanunua hawa wawekezaji? Naona wawekezaji wetu wanapasiana wao kwa wao na nchi yetu imekuwa shamba la bibi!
Artumas to farm out Tanzania, Mozambique energy blocks
DAR ES SALAAM, Sept 18 (Reuters) - Canada's Artumas Group Inc (AGI) (AGIC.OL) says it plans to transfer part of its stakes in Tanzania's Mnazi Bay energy block and Mozambique's Rovuma blocks to France's Maurel & Prom (MAUP.PA) and Britain's Cove Energy Plc (COVE.L).
The Oslo, Norway-listed oil and gas firm discovered a gas deposit in Mnazi Bay in Mtwara in south east Tanzania.
The government says the deposit has about 2 trillion cubic feet of proven gas deposits, or gas in place. Artumas says it estimates the gas potential at 3 trillion cubic feet.
Artumas said subject to government and partner approval, Maurel & Prom will farm in to a 38.22 percent interest in petroleum operations and a 47.775 percent stake in exploration.
"Maurel & Prom will assume operatorship of all petroleum operations under the PSA(Production Sharing Agreement) and undertake to fulfill arrangements for the supply of gas, to the Mnazi Bay Gas to Electricity Project," it said on its website.
Cove will take a 16.38 percent interest in Mnazi Bay petroleum operations and 20.475 percent in exploration, Artumas said.
State-run Tanzania Petroleum Development Corporation (TPDC) will hold 20 percent in all but exploration activity, where it has no stake.
"Maurel & Prom wishes to accumulate reserves in East Africa and thus become a key player in a gas project in the region," the company said in a press relase on Friday.
A subsidiary of Artumas, Umoja Light Company, has been supplying electricity to some 16,500 customers in Mtwara where it produces 12 megawatts (MW) from natural gas.
Plans for a 300 MW plant are on hold due to the global economic slowdown, which has made it harder to access financing, the firm said.
Artumas said Cove and Maurel & Prom will also pay its costs towards 200 square km of a 3D seismic survey and an exploration well.
Tanzania has so far discovered natural gas in three other areas. Another deposit -- Songo Songo island off the eastern coast -- is also in commercial production while Mkuranga, in the Coast Region has yet to begin production.
In neighbouring Mozambique, Artumas has an 8.5 percent production interest in Offshore Area 1 Rovuma Block and 49.3 percent in Onshore Rovuma Block. It shares the blocks with U.S. producer Anadarko Petroleum Corporation (APC.N).
Cove will take all of Artumas' stake in Offshore Area 1 Rovuma Block and assume participating costs backdated to July 1, and 10 percent in Onshore Rovuma Block. Maurel & Prom will take 24 percent in Onshore Rovuma Block, leaving Artumas with 15.3 percent.
"Artumas' share of costs for one exploration well that is an obligation ... under the Exploration and Production Concession will be carried by Maurel & Prom and Cove," Artumas said.
SOURCE: Reuters