Ann: Update on company acquisition and Italian ap, page-16

re: Ann: Update on company acquisition and It... 'The International Monetary Fund (IMF) board is in the last stages of processing $230 (Sh303.6 billion) aid to Tanzania under a Special Drawing Rights (SDRs) arrangement the Bank of Tanzania, Foreign Exchange reserves has disclosed.'
http://allafrica.com/stories/200908030691.html

That might give a boost to the negotiations for commercialisation of KN1, especially if the pipeline to Dar es Salaam needs upgrade. With cashed up government and rising gas prices we could hopefully get so much better deal in the near future comparing to 6 months ago!

Regarding the pipeline to Kenya : it is going to run FROM Dar es Salaam to Mombassa, and I don't think we are waiting for that pipeline to be build IMO. This pipeline is good news, as it means they count on exporting more and more gas in the future!