00:01Tanzania has announced its first natural gas discovery in a decade, with an estimated 223 billion cubic feet found at
00:11the Casa 1X well in the Mnazi Bay area.
00:16Energy Minister Juma Homera called the discovery a major milestone for the country's oil and gas sector.
00:25Production is expected to begin early next month, boasting supplies for households, industry and vehicles.
00:33The well is jointly owned by Tanzania's state-run petroleum development corporation and French energy company Morel and Prom.
00:43Natural gas already accounts for nearly 80% of Tanzania's electricity generation.
00:49Authorities say the new discovery will help provide more reliable and affordable energy as demand grows.
00:57Thanks, Sir Camille.
01:00Power of Backers