How To Get Into Tanzania Oil.Gas Industry (3)


Solo today notes the news release from the Operator of Solo’s assets in Tanzania, Aminex plc (“Aminex”), which includes details of an extension to their corporate loan facility and an update relating to the Kiliwani North Gas Sales Agreement (“GSA”).

The key items relating to the GSA are reported as follows:

· GSA inclusive of payment protection terms has been submitted to Tanzanian Attorney General office and is pending final signature;
· Songo Songo processing plant is now complete and awaiting Kiliwani North gas to begin commissioning and testing; and
· Ndovu Resources Limited (‘Ndovu’), Aminex’s wholly owned subsidiary, is engaged in final well maintenance work to bring the Kiliwani North well on stream.

Ndovu has reached agreement with the Tanzanian Petroleum Development Corporation on all terms of the GSA, including acceptable payment protection mechanisms for the gas delivered. The agreement has now been forwarded to the Tanzanian Attorney General’s office, whose approval is required prior to formal signing.

Also Read:solo-oil-agrees-farm-out-in-ruvuma-psa

Also Read:solo-oil-has-welcomed-the-decision-of-tpdc-to-back-into-kiliwani-north


5 replies
  1. says:

    Several days later the presentation of tadalfil on the market, researchers toyed with the estimate of a
    chronic, low-dose conceptualization to further raise spontaneousness.

    In 2008, Eli Lilly obtained FDA blessing for the once-every day establishment of tadalafil.
    In October 2011, tadalafil (Cialis) was too sanctioned to handle benign endocrine
    hyperplasia (BPH) with or without ED. Avanafil (Stendra) was sanctioned in April 2012, offer an onset of activity as
    ahead of time as 15 minutes later on brass and promote expanding treatment options for men with ED.

Trackbacks & Pingbacks

  1. says:

    Solo Oil Gives Tanzania patner finacing, Operational Update – Tanzania Petroleum

  2. says:

    Solo Oil Gives Tanzania patner finacing, Operational Update – Tanzania Petroleum

Comments are closed.