Find Oil and Gas expertise in Tonga
Tonga has no proven commercially exploitable oil and gas resources. In 2010 the government of Tonga entered into an agreement with US oil exploration company the Modulus-Baringer Group which has seen exploratory drilling for hydrocarbon begin. The licence granted to Modulus-Baringer Group for exploratory mining is due to expire in 2018. The country imports about 1,200 barrels of oil per day, with petroleum accounting for 20% of the country’s total yearly imports (2012). Imported petroleum products make up 46% of the energy sources available in Tonga (2011).
|Oil and Gas organisations in Tonga|