Tanzania, July 13 -- Dar es Salaam. Tanzania's plan to host a Canadian-backed plant that would convert natural gas into diesel and jet fuel is now waiting for assurance of gas supply before moving ahead to construction, after the investors completed some key stages.

Canadian company Rocky Mountain GTL, in collaboration with its African partner, Memnon Africa, and local associate, Rithi Tanzania Group Limited, completed a feasibility study with the Tanzanian government for constructing a gas-to-liquid (GTL) plant.

The firm was waiting to sign gas supply agreement with the Tanzania Petroleum Development Corporation (TPDC) "anytime soon" before moving ahead with the construction of the proposed plant worth $420 million which is poised to a...