Tanzania announces first natural gas discovery in over a decade
Energy Minister Juma Homera described the estimated 223 billion cubic feet (6.3 billion cubic metres) discovery in the Mnazi Bay area as a "major milestone" for the East African nation. The new well, jointly owned by state-owned Tanzania Petroleum Development Corporation (TPDC) and French oil firm Maurel & Prom, is expected to start production early next month to boost domestic supplies.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
South Korea's KOSPI index rose 5.18% from its previous close, now at 5,930.51.
-
2
SK Hynix is up 6.86% from its previous close, now trading at ₩1,433,000.
-
3
SK Hynix is up 5.26% from its previous close, now trading at ₩1,411,500.
-
4
SK Hynix is up 8.72% from its previous close, now trading at ₩1,458,000.
-
5
South Korea's KOSPI index rose 6.16% from its previous close, now at 5,985.55.
-
6
Samsung Electronics rose 7.88% from its previous close, now trading at ₩239,500.
-
7
Youngone wins 8.8 billion won refund in Scott acquisition dispute
-
8
Bloomberg: Prices for "super metals" used in nuclear energy, semiconductors, and other fields are soaring, with Freeport, the world's largest producer, considering increasing output.
-
9
Veir completes $110 million Series C funding round
-
10
SK Hynix's third-quarter operating profit exceeded expectations, primarily driven by strong demand for AI chips, and the company also announced a share buyback.
Markets Today
Recommended Reading


