Block 1
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OPERATOR: | Shell Exploration and Production Tanzania Ltd – 60% interest | |
OTHER CONTRACTING PARTIES: | ||
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License Area Size: | 2,937.459 Sq Km | |
PSA Signed Date: | 29th Oct 2005 | |
Effective Date (Initial Period): | 7th December 2005 | |
First Exploration License: | 7th December 2009 | |
Second Exploration License: | 14th January 2015 | |
Current License Period: | Bridging Licence- Second period | |
Current License Effective Date: | 30th June 2020 | |
License Expire Date: | 30th Dec 2024 | |
STATUS OF OPERATION | ||
TPDC and the Contractor continue to undertake pre-development studies (pre-feed&feed), Geotechnical studies, project foundation activities to develop the discovered Offshore natural gas. | ||
CURRENT STATUS | ||
Negotiation of Host Government Agreement (HGA) for the LNG Project is ongoing. | ||
FISCAL TERMS | ||
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SURFACE RENTAL | ||
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