"We are yet to discover oil, but we have high expectations that we will finally have oil discovered in the country," said Mr Ngeleja.
Abundant natural gas has already been discovered in several parts of the country.
A confirmation of the data now being acquired in offshore Tanzania has shown that it is possible that commercial production of petroleum oil and gas could be achieved as early as 2012.
http://thecitizen.co.tz/newe.php?id=16631
So commercialisation not until at least 2012?
KEY Price at posting:
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