Tanzania says to hold exploration licensing round in Oct

Wed May 15, 2013 3:27am EDT
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NAIROBI May 15 (Reuters) - Tanzania plans to hold an oil and gas exploration licensing round in October at which it will offer seven deep offshore blocks and one onshore block to explorers, state-run Tanzania Petroleum Development Corporation said.

TPDC said in an undated notice on its website that the round was a revival of an auction slated for September 2012 that was postponed as Tanzania formulated a new oil and gas policy. The round will be launched on Oct. 25 and will run until May 15, 2014.