- Distance to Songo infrastructure is 3.3km. This is very close and enables a hook up very quickly.
- Partners have Government guaranteed right of gas access to the pipeline.
- Songo have plans in place to increase throughput of facilities (potential for pressurising the system?).
- Prices Obtained
– Industrial Market $7.70/mcf
– Power Market $2.19/mcf
- Market growing rapidly as Tanzania is one of the growth stories in Africa with good Governance and good education.
Songo Plant
"Two 35 million cubic feet per day processing units (dehydration and refrigeration) on Songo Songo Island has been built to process the natural gas from the wells. Any hydrocarbon liquids removed will be shipped to Dar es Salaam or consumed on-site as fuel. The project has brought about an improvement in the Island's infrastructure by modernising the airstrip and wharf and providing portable water and power supply."
http://www.tpdc-tz.com/songo_songo.htm
Songo Processing
- 18,707,683,610 SCF
- Leaves about 25% spare capacity, enough to get income moving (this year).
http://www.tpdc-tz.com/
Apparently Brian Hall from Aminex was prepared to punt a beer on 20 MMscfd...
Plenty of info is available in KEY's releases.
But I am very bullish on this.
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- Distance to Songo infrastructure is 3.3km. This is very close...
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