Aminex Completes Gas Pipeline in Tanzania

Aminex has completed to within approx. 20 metres from the KN-1 production well-head  the newly constructed gas export pipeline from the Songo Songo processing plant in Tanzania to the KN-1 gas well, partner Soli Oil said Friday.

The KN-1 well, when connected to the export pipeline, is expected to produce at least 20 million cubic feet per day.

Solo announced on 3 February 2014 that it has signed the asset purchase agreement with Aminex for the first 6.5 percent interest in the Kiliwani North Development Licence (KNDL). Solo has the option to purchase an additional 6.5 percent interest, during a period of 30 days after the Gas Sales Agreement has been approved by the Tanzanian authorities.

“As we reach the point of gas commercialisation we are naturally tracking the process very closely and shortly expect to see final hook-up and pressure testing get underway.  With the imminent hook-up we also remain extremely confident that the GSA will be signed in time to commence exports of gas from the field as soon as the facilities are complete,” Neil Ritson, Solo's Chairman, commented.