The Ruvuma Petroleum Sharing Agreement (PSA) in the south-east of Tanzania was first granted in October 2005. The PSA was originally composed of two licences, Lindi and Mtwara, and covered an area of over 6,000 square kilometres partially offshore, but largely onshore in the largely untested Ruvuma Basin. Following several statutory relinquishments the PSA is now composed of only the Mtwara Licence which contains the Ntorya Appraisal Area over the Ntorya gas-condensate discovery which is now subject to an application for a 25-year development licence.
In addition to the discovery of the Ntorya gas field in the Ruvuma PSA substantial offshore drilling by other operators has revealed substantial volumes of gas which in the greater Ruvuma Basin in Tanzania and adjacent Mozambique are reported to contain reserves in excess of 100 tcf.
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