Petroleum Africa
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Thursday, April 28, 2016
Dubai-based Dodsal Group revealed that it has struck a total of 2.7 Tcf of gas onshore Tanzania to date. In July 2015, the group had marked its first discovery in the country of 2.17 Tcf in the Mambakofi and Mtini region. However, based on recent update of studies, this estimate has now been raised to 2.7 Tcf with a potential upside of 3.8 Tcf.
In addition, Dodsal’s third well at Mbuyu encountered a large gas column, in the western side of the block, which is estimated to contain up to 5.9 Tcf of gas. Studies are ongoing to establish the prospective gas resources.
The company is currently undertaking studies for prospective gas resources to be enhanced further, which could catalyze Tanzania’s position as a leader in the natural gas sector in the East Africa region. The Group has already invested $200 million to date, and plans to invest another $300 million in Tanzania over the next 24 months to support its exploration and production activities, including implementation of an Early Production System to bring gas to the market.
Dr. Rajen A. Kilachand, chairman and president of the company, said: “The discovery of natural gas reserves in Tanzania further strengthens our commitment to the nation to be a partner in the country’s all-round socio-economic progress. Tanzania has tremendous potential in the hydrocarbon sector. When efficiently leveraged, this will bring incremental economic growth by assuring timely and ready supply of clean energy. We are fully committed to supporting the nation in this journey, underlined by the nine years of natural gas exploration that we have been undertaking.”
He added: “As a socially responsible organization, our focus is to bring in added value across all aspects of our operation and supporting Tanzania in stimulating the local economy, creating new jobs for the Tanzanian youth and driving the growth of small & medium enterprises by building a strong local supply chain. The significant discovery of natural gas, in close proximity
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