$1 million<\/a> received prior to the June update. A clearer breakdown is expected when the company reports on Q2 on 10 August 2017.<\/p>\n\u201cSince 31 March 2017, receivables from TPDC have remained consistent at four months and receivables from TANESCO have improved from thirteen months to eight months. The Mnazi Bay Partners continue to work closely with the Government of Tanzania to settle the remaining outstanding invoices,\u201d Wentworth said in a statement.<\/p>\n
On production Wentworth reports that whereas daily production volumes during the rainy months of April and May were impacted by the use of hydroelectric power only to rebound in June when gas demand has increased with volumes averaging 45 MMscf\/d bringing the average for Q2 to 31 MMscf\/d. Furthermore, the Company says it has experienced a temporary increase in volumes since the start of Q3 due to maintenance work elsewhere in the pipeline system with July month-to-date averaging 71 MMscf\/d. Wentworth maintains it will keep to its earlier forecast for 2017 averaging between 40 – 50 MMscf\/d.<\/p>\n
In relation to the recent legislative changes in Tanzania and the introduction of three new bills relating to the mining and oil & gas sectors, the Company says it does not anticipate any material impact on our existing operations.<\/p>\n
Other partners in the concession include Maurel et Prom (operator) 48.06 percent and TPDC with 20 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mnazi bay asset joint venture partner Wentworth Resources has reported that total cash received for invoiced gas sales from Tanzania Petroleum Development Corporation (TPDC) and Tanzania Electric Supply Company Limited … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":4252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[3523,1534,1608,2463,2466,5805,2472,2543],"class_list":["post-6159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-gas-sales","tag-maurel-et-prom","tag-mnazi-bay","tag-tanesco","tag-tanzania","tag-tanzania-electric-supply-company-limited","tag-tanzania-petroleum-development-corporation","tag-tpdc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Mnazi-Bay-Concession.png?fit=448%2C554&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1Bl","jetpack-related-posts":[{"id":6444,"url":"https:\/\/www.oilnewskenya.com\/index.php\/mnazi-bay-q3-2017-gross-production-volumes-reach-60mmscfd\/","url_meta":{"origin":6159,"position":0},"title":"Mnazi Bay Q3 2017 Gross Production Volumes Reach 60MMscf\/d","author":"","date":"October 23, 2017","format":false,"excerpt":"Joint Venture partner at the Mnazi Bay license has reported that Q3 2017 gross production volumes from the Mnazi Bay gas field averaged 60 MMscf\/d, bringing the year-to-date average to 45 MMscf\/d. The partners expect that production volumes will continue at similar levels into Q4 with October 2017 month-to-date averaging\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/10\/mnazi-bay-pipeline.png?fit=437%2C531&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6641,"url":"https:\/\/www.oilnewskenya.com\/index.php\/gas-delivery-begin-kinyerezi-2-gas-fired-power-plant-tanzania\/","url_meta":{"origin":6159,"position":1},"title":"Gas Delivery Begin at Kinyerezi 2 Gas Fired Power Plant in Tanzania","author":"","date":"December 20, 2017","format":false,"excerpt":"Gas delivery has commenced to Tanzania\u2019s newest power facility, Kinyerezi-2 for commissioning of the first two of six gas turbines to the national grid according to Mnazi Bay jv partner Wentworth Resources in its latest update. The project which worth approximately $432 million USD in the Kinyerezi area in Dar\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/12\/KinyereziI1.jpg?fit=700%2C525&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/12\/KinyereziI1.jpg?fit=700%2C525&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/12\/KinyereziI1.jpg?fit=700%2C525&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/12\/KinyereziI1.jpg?fit=700%2C525&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6057,"url":"https:\/\/www.oilnewskenya.com\/index.php\/wentworth-resources-estimates-mozambiques-tembo-field-to-hold-1-7tcf\/","url_meta":{"origin":6159,"position":2},"title":"Wentworth Resources Estimates Mozambique\u2019s Tembo Field to Hold 1.7TCF","author":"","date":"June 13, 2017","format":false,"excerpt":"Oslo Stock Exchange listed independent and East Africa-focused oil & gas company Wentworth Resources has announced that an internal assessment of the prospective resource estimate for the Tembo Structure is 1.7 Tcf (unrisked P50) with the significant oil shows in the Tembo-1 discovery well also suggest the potential for an\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/08\/tembo-1.png?fit=460%2C327&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7494,"url":"https:\/\/www.oilnewskenya.com\/index.php\/pan-african-energy-supplies-extra-gas-to-tanzania-in-new-short-term-sales-agreement\/","url_meta":{"origin":6159,"position":3},"title":"Pan African Energy Supplies Extra Gas To Tanzania in New Short Term Sales Agreement","author":"","date":"January 14, 2019","format":false,"excerpt":"Orca has announced that shortly before the year ended its Tanzania subsidiary Pan African Energy Tanzania Limited signed a short-term sales agreement with the Tanzania Petroleum Development Corporation (TPDC) and the Tanzania Electric Supply Company (TANESCO) for the immediate supply of gas to TANESCO of up to 35 million standard\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/01\/songosongo.png?fit=401%2C555&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1767,"url":"https:\/\/www.oilnewskenya.com\/index.php\/mnazi-bay-licence-partners-sign-gsa-with-tanzania-petroleum-development-corporation\/","url_meta":{"origin":6159,"position":4},"title":"Mnazi Bay licence partners sign GSA with Tanzania Petroleum Development Corporation","author":"Samuel Kamau Mbote","date":"September 15, 2014","format":false,"excerpt":"Maurel & Prom\u00a0has said that, along with\u00a0Mnazi Bay licence partners Wentworth and Tanzania Petroleum Development Corporation (TPDC), it has signed a gas sales and purchase agreement with TPDC for the long-term sale of natural gas from the\u00a0Mnazi Bay and Msimbati fields. The agreement facilitate gas sales from the two fields\u00a0in\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/mnazi-bay-gas.jpg?fit=750%2C665&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/mnazi-bay-gas.jpg?fit=750%2C665&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/mnazi-bay-gas.jpg?fit=750%2C665&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/mnazi-bay-gas.jpg?fit=750%2C665&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":11419,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-wentworth-expects-to-achieve-milestone-average-production-rate-for-2021-of-over-80-mmscf-day\/","url_meta":{"origin":6159,"position":5},"title":"TANZANIA: Wentworth Expects to Achieve Milestone Average Production Rate for 2021 of over 80 MMscf\/day","author":"","date":"December 17, 2021","format":false,"excerpt":"Following a successful first half of the year, demand for natural gas in\u00a0Tanzania\u00a0has again remained strong throughout the second half. This strengthening in demand in 2021 is due to sustained economic growth, continued demand in the industrial sector and partly due to lack of supply from hydro-electric generation as a\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth-2.jpg?fit=679%2C453&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth-2.jpg?fit=679%2C453&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth-2.jpg?fit=679%2C453&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=6159"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6159\/revisions"}],"predecessor-version":[{"id":6160,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/6159\/revisions\/6160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/4252"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=6159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=6159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=6159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}