THE construction of the much-anticipated Liquefied Natural Gas (LNG) plant is now set to commence in July 2023 and complete in June 2028, the National Assembly heard yesterday.
Orca” or the “
Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) announces the approval of its Independent Reserves Evaluation as at December 31, 2020. All currency amounts in this news release are in United States Dollars (
$) unless otherwise stated.
INDEPENDENT RESERVES EVALUATION
The Company’s conventional natural gas reserves as at December 31, 2020 for the period to the end of the primary (25 year) term of the production sharing agreement (the “
Songo Songo PSA“) with the Tanzanian Petroleum Development Corporation (the “
TPDC“) have been evaluated by independent petroleum engineering consultants McDaniel & Associates Consultants Ltd. (“
McDaniel“) in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook (“
Tanzania: Why Mtwara Fertiliser Plant Project Has Been Delayed allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.