Signature de l'accord de vente de gaz de Ruvuma
10 Janvier 2024
Aminex plc
("Aminex" ou "la Société")
Signature de l'accord de vente de gaz de Ruvuma
Aminex PLC, the oil and gas exploration and production company focused on Tanzania, is pleased to announce that a gas sales agreement ("GSA") for the sale of gas from the Ntorya location was signed today by the Company's subsidiary, Ndovu Resources Limited, together with the operator, ARA Petroleum Tanzania Limited ("APT") and the Tanzania Petroleum Development Corporation ("TPDC").
Key terms of the GSA include:
· The GSA will continue until the earlier of the expiry or termination of the Ruvuma PSA or Development Licence or the cessation of economic production from the Ntorya Gas Field;
· The Daily Contract Quantity ("DCQ") for the first Contract Year is 40 MMscfd. The DCQ for subsequent years may be increased upon agreement of the parties. The Maximum Daily Quantity ("MDQ") to be sold under the GSA will be 120% of the DCQ, being 48 MMscfd for the first Contract Year. The Tanzanian authorities have indicated their willingness to take more gas as production from the field increases and their ability to take such gas increases, with production of 140 MMscfd anticipated within a few years of first gas;
· Payment may be made by the TPDC in US Dollars or Tanzanian Shillings.
Aminex now anticipates early issue of the Development Licence which will allow the award of a rig contract and enable the drilling of Chikumbi-1 and the workover of Ntorya-1. The testing of Ntorya-2 is now scheduled for mid-year using an in-country mobile test unit.
Despite the completion of an environmental impact assessment on the proposed pipeline to the Madimba Gas Plant and payment of all compensation to relevant landowners, there has been a delay in the construction of the pipeline. The Tanzanian authorities now expect the pipeline to be completed by the end of 2024. APT is working closely with the TPDC to expedite construction as soon as possible.
Aminex, avec une participation non exploitée de 25 %, est portée tout au long du programme de travaux en cours jusqu'à une dépense en capital brute maximale de 140 millions de dollars (35 millions de dollars nets pour Aminex). Ce report devrait permettre à la Société de démarrer la production commerciale de gaz à partir du champ gazier de Ntorya, à un coût nul pour la Société.
Charles Santos, président exécutif d'Aminex a commenté:
"The signing of the gas sales agreement with the TPDC marks a significant milestone for the Company and the development of the Ntorya field. We thank APT, as operator, and the Tanzanian authorities for their efforts in bringing the execution of the GSA to a close. At the signing today, the Tanzanian authorities expressed the importance of energy security for Tanzania and its people and the development of Ntorya is crucial to the provision of much-needed natural gas. The authorities also indicated that the Development Licence will be received very soon. We will provide a further update to the market on the progress of the other Ruvuma workstreams in due course."
Les informations contenues dans cette annonce sont considérées comme des informations privilégiées avant leur diffusion, au sens de l'article 7 du Règlement sur les abus de marché n° 596/2014, et sont divulguées conformément aux obligations de la Société en vertu de l'article 17 de ce Règlement.
Pour plus d'informations:
| |
Aminex PLC | +44 203 +355 (9909)XNUMX XNUMX |
Charles Santos, président exécutif | |
Davy | Tel: +353 1 679 6363 |
Brian Garrahy
| |
Capital d'éclats | Tel: +44 20 7186 9952 |
Damon Heath | |
|
RNS peut utiliser votre adresse IP pour confirmer le respect des termes et conditions, pour analyser votre interaction avec les informations contenues dans cette communication et pour partager cette analyse de manière anonyme avec d'autres dans le cadre de nos services commerciaux. Pour plus d'informations sur la manière dont RNS et la Bourse de Londres utilisent les données personnelles que vous nous fournissez, veuillez consulter notre Politique de confidentialité.