BG to forward LNG plan to Tanzania Govt

Australia Pacific LNG project17 April 2013, Houston – UK explorer, BG, says it plans to forward an liquefied natural gas, LNG, development plan to the Tanzanian government in the next two months.

BG Tanzania president Derek Hudson said at the LNG 17 conference in Houston, Texas, that the company would make its proposal “in a month or two”.

But, he did not identify the preferred solution, saying all development schemes, including subsea-to-beach, floating production and a floating LNG option were “still considered”.

A land-based LNG train is expected to be the most appealing scheme.
The discoveries made to-date are scattered across four large blocks and in water depths stretching beyond 1000 metres from shore.

Six land sites for an LNG plant have been identified. Hudson hinted that the Tanzanian government would weigh in on a favoured option as well.

BG also has its eyes on Kenya and Madagascar. Hudson said exploration drilling could begin off Madagascar’s shores in 2014 or 2015.

BG Group as operator has a 60% interest in Blocks 1, 3 and 4 offshore Tanzania, with Ophir Energy holding 40%.

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