Tanzania to Hold Oil, Gas Licensing Round in October

Tanzania will launch its 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round in October.

The round was delayed in September 2012 and will now be launched during the 2nd Tanzania Oil and Gas Conference and Exhibition that will be held from 23rd to 25th October 2013.

The 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round 2013 include the deep offshore sedimentary basins comprising seven Deepsea Blocks (each of average size of 3000 sq km - Blk4/2A, Blk4/3A, Blk4/3B, Blk4/4A, Blk4/4B, Blk4/5A, Blk4/5B) and North Lake Tanganyika block located offshore in the western arm of the East African Rift System.

The two Deep offshore Blocks 4/1B and 4/1C are reserved for Government where Tanzania Petroleum Development Corporation (TPDC) will be allowed to execute a different exploration approach using a strategic partner to be competitively sourced.