KEY 0.00% 0.1¢ key petroleum limited

RAW, commercialisation is still a fair way away.TZ has yet to...

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    RAW, commercialisation is still a fair way away.

    TZ has yet to grant a Production Licence and we've yet to receive environmental approvals to build the pipeline to the gas plant.

    Also until the upgrade to the gas plant is complete then there is no spare capacity. So don't expect commercialisation until 2010.

    That is why KEY is happy to focus on seismic, and hopefully making some meaningful progress in Italy.
 
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