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Tanzania: Maurel & Prom, Wentworth sign Mnazi Bay gas sales agreement
France’s Maurel & Prom (M&P) and Canada’s Wentworth Resources have signed a gas sales agreement with the Tanzania Petroleum Development Corporation (TPDC), covering the long-term sale of natural gas from the Mnazi Bay and Msimbati fields. The gas will be supplied via the government-owned and operated Mtwara to Dar es Salaam pipeline and Madimba central processing facility, which are scheduled to commission in Q1 2015. For the first eight months of the agreement, the companies will supply up to 80mcf/d, increasing over time to 130mcf/d for up to 17 years. First delivery is expected between 22 January 2015 and 22 April 2015 at a fixed price of $3/mBtu, equivalent to roughly $3.07/mcf.
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