Aminex in Talks for Gas Sales in Tanzania

Aminex has announced that gas sales negotiations between its Tanzanian subsidiary Ndovu Resources and the Tanzania Petroleum Development Corporation (TPDC) for its Kiliwani North Field in Tanzania are at an advanced stage and expected to be concluded prior to year end.

As part of the gas sales arrangements being negotiated, and at TPDC’s request, TPDC will now at its own cost construct the tie-in line from the new gas processing plant currently being constructed on Songo-Songo Island to Kiliwani North.

Ndovu has formally granted consent to TPDC to carry out this part of the project. As a consequence of this variation, production from Kiliwani North will now be metered and sold directly at wellhead.

According to a statement, TPDC has told the company that the major regional pipeline project to Dar es Salaam, financed by the Chinese Export Import Bank, is approximately on schedule, reconfirming that first commercial gas is expected onstream in early 2015.

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