Oil and Gas

The Songo Songo gas field is located onshore and offshore Songo Songo Island, approximately 20 km off the main coast of Tanzania and 200 km south of Dar es Salaam. The field has been developed under the Songo Songo Gas-to-Power Project, an integrated project that covers the gamut of exploration, development and production of gas, followed by processing, transportation and distribution of gas for power generation, and includes sales of gas to industrial and CNG users. The project was originally established in 2001 as a public-private partnership with the support of the World Bank. The Songo Songo natural gas development project (the "Project") is a program of well workovers, one additional new development well and associated field infrastructure investment required to expand natural gas production at the Songo Songo gas field from its current level of approximately 92 million standard cubic feet per day ("MMscfd") to approximately 102 MMscfd, filling the existing Songas Limited infrastructure and maximizing gas production for the balance of the Songo Songo licence period to 2026. This expansion of production would support additional electricity generation and supplemental gas sales associated with the Songo Songo Gas-to-Power Project. This work program would be implemented by end-2015 or early 2016, with an estimated total project cost of approximately US$120 million

Tanzania