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TANZANIA


CAPITAL: DAR ES SALAAM

MONETARY UNIT: SHILLING

REFINING CAPACITY: 14,900 B/CD

PRODUCTION: ?

OIL/CONDENSATE RESERVES: ?

NATURAL GAS RESERVES: 980 BCF

The Cabinet in November 1999 approved Ocelot International?s East African natural gas and power project.

The project was to develop more than 1 tcf of sweet gas for electrical generation and industrial energy markets in Tanza-nia and Kenya.

The estimated cost of the project, which included a gas plant, a 232-km pipeline, and a 110-Mw electrical power plant, was $340 million. Financing was to be completed early in 2000.

Ocelot reconditioned five wells in Songo Songo field on and off Songo Songo Island and was to build a gas processing

plant on the island and lay 232 km of marine and land pipeline.

A second phase of the project would involve further development of the gas reservoir by Ocelot under a production sharing agreement with the Tanzanian Petroleum Development Corp.

Elsewhere, Canop Worldwide Corp., Calgary, let a contract to Polaris Interna-tional Explorer Ltd., Calgary, for geo-physical acquisition in Tanzania. Canop planned to conduct a 3D seismic program over portions of the Rufiji trough.

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