NORWAY'S Stateoil and United States based ExxonMobile will invest up to 30 billion US dollars (over 48.2trn/-) in the next ten years before commercial production of liquefied petroleum gas (LPG) starts by 2021 earliest.
The company's Executive Vice-President responsible for Development and Production International, Lars Bacher, said in Dar es Salaam on Friday that Stateoil which has 60 per cent of the stake is working in partnership with ExxonMobile and Tanzania Petroleum Development Corporation (TPDC).
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