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Orca to more than double Tanzania gas capacity

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by Invisible, Nov 6, 2009.

  1. Invisible

    Invisible Admin Staff Member

    Nov 6, 2009
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    Toronto-listed Orca Exploration (ORCb.V) plans to more than double its daily gas output capacity at the Songo Songo field in Tanzania to 200 million cubic feet within three years, the head of the company said on Friday. Orca's Chief Executive Peter Clutterbuck said production capacity was currently limited to 90 million cubic feet a day.

    He said the company was supplying energy for up to 70 percent of Tanzania's power needs, feeding some of the country's power plants and major industrial users.

    Reporting by Agnieszka Flak - Reuters