Statoil goes ahead with Tanzania LNG export plant -exploration chief

OSLO, March 18 Mon Mar 18, 2013 5:44am EDT

OSLO, March 18 (Reuters) - Statoil and BG are going ahead with plans to build a liquefied natural gas terminal in Tanzania after Statoil made its third gas discovery in the region in a year, Statoil's exploration chief said in an interview.

"We have enough gas to move forward," Tim Dodson told Reuters. "We are working with BG to come up with a recommendation for a landing site."

The firms expect to deliver their recommendation to Tanzanian authorities in the second quarter of this year.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article