On Saturday 21 July the government of the Republic of Tanzania inaugurated the pipeline project. This pipeline will be approximately 532km long. Wentworth Resources discovered the Mnazi Bay gas field in 1982. Executive Chairman of Wentworth Resources said "This is the beginning of Tanzania's future as a significant gas
producing country and we are proud to be a partner in this endeavour ."
But who is Wentworth Resources? And are they listed on any stock exchanges?
Wentworth Resources is an independent oil and gas company with gas
production and a committed exploration programme in the Rovuma Basin of
southern Tanzania and northern Mozambique. The Company and its
concession partners own a gas processing plant and a gas receiving
plant, and a 27 km pipeline system in Mtwara, Tanzania. Wentworth
Resources is publicly-traded on the Alternative Investment Market of the
London Stock Exchange (AIM: WRL) and the Oslo Stock Exchange (OSX:
WRL). The first chart is Oslo Stock Exchange and the second chart is the shares' performance on the London Stock Exchange.
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