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Statoil says Tanzania LNG plant to start in 2021/22 at earliest

Reuters - UK Focus

OSLO, Oct 14 (Reuters) - Norwegian energy firm Statoil expects its Tanzania gas liquefaction plan to start up in 2021 or 2022 at the earliest, the firm said on Tuesday.

"If we experience no delays, our preliminary schedule indicates that it is not realistic to start up production before 2021-22, at the earliest," Statoil (Xetra: 675213 - news) spokesman Knut Rostad told Reuters.

"Our focus is now on reducing the technical and commercial uncertainties and aligning some key outstanding framework conditions together with the government of Tanzania and our partners to move the project forward," he said. (Reporting by Balazs Koranyi, editing by Gwladys Fouche)