Tanzania emblem
The United Republic of Tanzania

Petroleum Upstream Regulatory Authority

Petroleum Upstream Regulatory Authority

Block 1


OPERATOR:

Shell Exploration and Production Tanzania Ltd – 60% interest

OTHER CONTRACTING PARTIES:

  • Ophir Energy - 20%,
  • Pavilion - 20%

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

  • Royalty: 5%
  • Income Tax: 30%
  • Withholding Tax: Varies

SURFACE RENTAL

  • Initial Period - USD/sqkm4
  • First Extension Period - USD/sqkm8,
  • Second Extension Period - USD/sqkm16
  • Development License -Established as part of Development plan