Artumas Group Inc.

Description

Wentworth and its partners are actively studying the optimal way to develop and build a world-scale gas monetisation facility to consume the substantial Mnazi Bay natural gas resource. On June 26, 2010 a Memorandum of Understanding was signed with the government of Tanzania to ""¦assess a potential domestic development project, which would include the aims of spurring industrial growth in the Mtwara and Lindi administrative regions, and utilising the domestic gas resource for the production of fertiliser, methanol and potentially other value-added products for use within these regions as well as throughout Tanzania and for sale abroad." Third party engineering and products marketing consultants have been engaged to provide independent advice to the partners and, upon completion of the pre-feasibility study, a steering committee that includes representatives from the government of Tanzania will make a final decision to proceed to a full feasibility study complete with a Front End Engineering & Design (FEED) package. The pre-feasibility study is expected to be completed by December 31, 2010 and a decision to move to full feasibility and FEED will follow shortly thereafter.

Products & services

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